£428,960
This estimated value is based upon the latest sale price for the house of £370,000 on 24 Nov 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Salisbury Avenue
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| Price Paid | Date |
|---|---|
| £370,000 | 24 Nov 2020 |
| £289,950 | 2 Oct 2017 |
| £202,500 | 28 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £370,000 results in an estimated price of approximately £428,960.
| 24 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £370,000 | £58,960 | £428,960 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -3.839 % | £-14,205 | £355,794 |
| 3 Month Average | 9.518 % | £35,214 | £405,214 |
| 6 Month Average | 24.299 % | £89,906 | £459,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £279,897 | £275,000 | 51 INGLESIDE ROAD |
| 20 Nov 2023 | £153,777 | £151,500 | 31 SALISBURY AVENUE |
| 17 Mar 2023 | £131,236 | £130,000 | 25 SALISBURY AVENUE |
| 3 Feb 2023 | £136,908 | £137,000 | 83 SALISBURY AVENUE |
| 3 Feb 2023 | £131,911 | £132,000 | 63 SALISBURY AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 13 Dec 2013. Using an estimated price of £428,961 means this house is valued at £6,702 per sq meter (£622 per sq foot).
The average size of a house on INGLESIDE ROAD is 107 sq meters (1,160 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Salisbury Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Salisbury Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Preston Park |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Walton Park |