£134,699
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£125,000 | 30 Sep 2021 |
£105,000 | 22 Mar 2019 |
£103,455 | 9 Apr 2009 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £125,000 results in an estimated price of approximately £134,699.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £125,000 | £9,699 | £134,699 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -49.108 % | £-61,385 | £63,614 |
3 Month Average | -14.619 % | £-18,274 | £106,725 |
6 Month Average | -6.159 % | £-7,699 | £117,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £134,216 | £132,500 | 98 BROADWOOD ROAD |
18 Aug 2023 | £80,706 | £80,000 | 19 BYWELL AVENUE |
17 Apr 2023 | £169,829 | £168,000 | 13 WOOD GROVE |
31 Mar 2023 | £128,713 | £127,500 | 34 HEATHWELL ROAD |
3 Feb 2023 | £379,744 | £380,000 | 6 CRANFORD GARDENS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Dec 2018. Using an estimated price of £134,699 means this house is valued at £1,980 per sq meter (£184 per sq foot).
The average size of a house on BROADWOOD ROAD is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hextol Gardens |
Jan 2024 | Anti-social behaviour | On or near Woodvale Gardens | |
Jan 2024 | Anti-social behaviour | On or near Woodvale Gardens | |
Jan 2024 | Anti-social behaviour | On or near Woodvale Gardens | |
Jan 2024 | Anti-social behaviour | On or near Woodvale Gardens |