£343,653
This estimated value is based upon the latest sale price for the house of £215,000 on 4 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £215,000 | 4 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,343 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £215,000 results in an estimated price of approximately £343,653.
| 4 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £215,000 | £128,653 | £343,653 |
The Postcode Pricing Model uses changes in average sales price within the NE30 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 65.326 % | £140,451 | £355,451 |
| 3 Month Average | 68.935 % | £148,209 | £363,209 |
| 6 Month Average | 64.491 % | £138,656 | £353,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £402,964 | £393,812 | 90 SEACREST AVENUE |
| 24 Apr 2023 | £375,014 | £368,000 | 67 SEACREST AVENUE |
| 24 Mar 2023 | £354,927 | £349,000 | 88 SEACREST AVENUE |
| 13 Jan 2023 | £461,232 | £460,000 | 220 THE BROADWAY |
| 4 Aug 2022 | £477,232 | £475,000 | 37 SILLOTH PLACE |
This house has a floor area of 124 sq meters or 1,343 sq feet when measured on 25 Jun 2010. Using an estimated price of £343,654 means this house is valued at £2,752 per sq meter (£255 per sq foot).
The average size of a house on THE BROADWAY is 146 sq meters (1,573 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Silloth Place |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Links Avenue |
| Oct 2024 | Anti-social behaviour | On or near Links Avenue | |
| Oct 2024 | Anti-social behaviour | On or near Links Avenue | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Links Avenue |