£949,843
This estimated value is based upon the latest sale price for the house of £155,000 on 26 May 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £155,000 | 26 May 2023 |
| £133,500 | 16 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £155,000 results in an estimated price of approximately £949,843.
| 26 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £155,000 | £794,843 | £949,843 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 104.048 % | £161,274 | £316,274 |
| 3 Month Average | 21.774 % | £33,750 | £188,750 |
| 6 Month Average | 15.294 % | £23,705 | £178,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £152,557 | £149,500 | 4 WOOLF DRIVE |
| 3 Feb 2023 | £201,345 | £200,000 | 53 BRONTE WAY |
| 21 Oct 2022 | £150,747 | £151,250 | 35 CHRISTIE CLOSE |
| 22 Jul 2022 | £146,468 | £145,000 | 3 CHRISTIE CLOSE |
| 22 Jul 2022 | £141,417 | £140,000 | 3 BRONTE WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 25 Apr 2016.
The average size of a house on BRONTE WAY is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Christie Close |
| Jun 2024 | Anti-social behaviour | On or near Christie Close | |
| Jun 2024 | Anti-social behaviour | On or near Christie Close | |
| Jun 2024 | Anti-social behaviour | On or near Christie Close | |
| Jun 2024 | Anti-social behaviour | On or near Christie Close |