£225,413
This estimated value is based upon the latest sale price for the house of £179,100 on 19 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £179,100 | 19 Jul 2017 |
| £145,000 | 1 Nov 2012 |
| £119,950 | 8 Aug 2003 |
| £58,950 | 13 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,159 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 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £179,100 results in an estimated price of approximately £225,413.
| 19 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £179,100 | £46,313 | £225,413 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 13.069 % | £23,406 | £202,506 |
| 3 Month Average | 6.242 % | £11,179 | £190,279 |
| 6 Month Average | 18.252 % | £32,688 | £211,788 |
This house has a floor area of 107 sq meters or 1,159 sq feet when measured on 22 Jul 2011.
The average size of a house on BROADWAY WEST is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Glanton Wynd |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kielder Way |
| Mar 2024 | Anti-social behaviour | On or near Lesbury Chase | |
| Feb 2024 | Anti-social behaviour | On or near Lesbury Chase | |
| Feb 2024 | Anti-social behaviour | On or near Lesbury Chase |