£249,057
This estimated value is based upon the latest sale price for the house of £200,000 on 21 May 2019. 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 Valley Gardens
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| Price Paid | Date |
|---|---|
| £200,000 | 21 May 2019 |
| £53,000 | 24 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £200,000 results in an estimated price of approximately £249,057.
| 21 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £200,000 | £49,057 | £249,057 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -16.498 % | £-32,996 | £167,003 |
| 3 Month Average | -7.712 % | £-15,424 | £184,575 |
| 6 Month Average | 2.468 % | £4,936 | £204,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £103,119 | £99,950 | 45 DRYDEN COURT DRYDEN ROAD |
| 3 Nov 2023 | £641,278 | £625,000 | 37 VALLEY DRIVE |
| 18 Aug 2023 | £229,133 | £225,000 | 20 LYNNHOLME GARDENS |
| 10 Mar 2023 | £193,227 | £190,000 | 8 NORWOOD GARDENS |
| 10 Mar 2023 | £53,392 | £52,500 | 32 DRYDEN COURT DRYDEN ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Aug 2018. Using an estimated price of £249,058 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on SALKELD GARDENS is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Gardens |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Valley Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Valley Gardens |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynnholme Gardens |