£519,983
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £425,000 | 28 Feb 2020 |
| £315,000 | 9 Nov 2007 |
| Detached |
| Freehold |
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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £425,000 results in an estimated price of approximately £519,983.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £425,000 | £94,983 | £519,983 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -28.429 % | £-120,821 | £304,178 |
| 3 Month Average | 0.023 % | £96 | £425,096 |
| 6 Month Average | 12.825 % | £54,504 | £479,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £309,583 | £305,000 | 2 WEST MOOR DRIVE |
| 4 Jul 2023 | £532,162 | £525,000 | 34 BROADLANDS |
| 17 Aug 2022 | £347,066 | £348,000 | 18 WOODLANDS ROAD |
| 20 Jul 2022 | £476,282 | £475,000 | 72 MOORFIELD GARDENS |
| 14 Apr 2022 | £375,877 | £365,000 | 26 MOORFIELD GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Broadlands | |
| Apr 2024 | Anti-social behaviour | On or near Broadlands | |
| Feb 2024 | Anti-social behaviour | On or near Broadlands | |
| Feb 2024 | Anti-social behaviour | On or near Broadlands | |
| Feb 2024 | Anti-social behaviour | On or near Broadlands |