£287,889
This estimated value is based upon the latest sale price for the house of £199,950 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £199,950 | 7 Aug 2015 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £199,950 results in an estimated price of approximately £287,889.
| 7 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £199,950 | £87,939 | £287,889 |
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 | 125.726 % | £251,389 | £451,339 |
| 3 Month Average | 33.917 % | £67,817 | £267,767 |
| 6 Month Average | 19.649 % | £39,287 | £239,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £73,623 | £72,000 | 2 DRYDEN CLOSE |
| 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 |
| 26 Aug 2022 | £108,005 | £107,500 | 8 DRYDEN CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 May 2015. Using an estimated price of £287,889 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on BRONTE WAY is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Aug 2024 | Anti-social behaviour | On or near Bronte Way | |
| Jul 2024 | Anti-social behaviour | On or near Bronte Way |