£287,391
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 5 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 July 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £165,000 results in an estimated price of approximately £287,391.
| 5 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £165,000 | £122,391 | £287,391 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 5.145 % | £8,488 | £173,488 |
| 3 Month Average | -2.120 % | £-3,498 | £161,501 |
| 6 Month Average | 8.544 % | £14,096 | £179,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £162,939 | £160,000 | 60 THE BROADWAY |
| 5 Apr 2022 | £89,218 | £86,000 | 18 FLORIAN MEWS |
| 8 Oct 2021 | £162,184 | £145,500 | 31 FLORIAN MEWS |
| 15 Dec 2020 | £101,168 | £87,500 | 31 HOLLINSIDE ROAD |
| 4 Nov 2020 | £88,179 | £75,500 | 118 HOLBORN ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Nov 2021. Using an estimated price of £287,392 means this house is valued at £4,105 per sq meter (£381 per sq foot).
The average size of a house on FLORIAN MEWS is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near The Broadway |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Broadway |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Broadway |
| Oct 2024 | Public order | Under investigation | On or near The Broadway |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near The Broadway |