£164,101
This estimated value is based upon the latest sale price for the house of £105,000 on 16 Nov 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 |
---|---|
£105,000 | 16 Nov 2007 |
£68,500 | 22 Jul 2004 |
Terraced |
Leasehold |
Floor Area: 92 sq meters or 990 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 November 2007 the House Price Index for TYNE AND WEAR was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £105,000 results in an estimated price of approximately £164,101.
16 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 149.7 | 56.287 % | £105,000 | £59,101 | £164,101 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -25.771 % | £-27,059 | £77,940 |
3 Month Average | -10.012 % | £-10,513 | £94,486 |
6 Month Average | 3.484 % | £3,658 | £108,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £37,829 | £37,500 | 63 DARWIN STREET |
1 Dec 2023 | £103,119 | £99,950 | 23 BROADSHEATH TERRACE |
15 Mar 2023 | £68,138 | £67,000 | 99 BROADSHEATH TERRACE |
1 Aug 2022 | £107,503 | £107,000 | 31 DARWIN STREET |
6 Jun 2022 | £88,389 | £86,500 | 46 BROADSHEATH TERRACE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 22 Jun 2018. Using an estimated price of £164,101 means this house is valued at £1,783 per sq meter (£165 per sq foot).
The average size of a house on BROADSHEATH TERRACE is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darwin Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Darwin Street |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadsheath Terrace |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Broadsheath Terrace |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Broadsheath Terrace |