£134,216
This estimated value is based upon the latest sale price for the house of £132,500 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £132,500 | 22 Sep 2023 |
| £65,000 | 17 Jan 2003 |
| £37,000 | 4 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2023 the House Price Index for TYNE AND WEAR was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £132,500 results in an estimated price of approximately £134,216.
| 22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £132,500 | £1,716 | £134,216 |
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 | -32.241 % | £-42,718 | £89,781 |
| 3 Month Average | 8.043 % | £10,656 | £143,156 |
| 6 Month Average | 10.987 % | £14,557 | £147,057 |
| 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 71 sq meters or 764 sq feet when measured on 5 Mar 2014. Using an estimated price of £134,216 means this house is valued at £1,890 per sq meter (£175 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 |