£145,102
This estimated value is based upon the latest sale price for the house of £115,100 on 17 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £115,100 | 17 Nov 2017 |
| £100,000 | 9 Dec 2005 |
| £60,000 | 20 Apr 2002 |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £115,100 results in an estimated price of approximately £145,102.
| 17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £115,100 | £30,002 | £145,102 |
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 | -22.627 % | £-26,043 | £89,056 |
| 3 Month Average | 13.439 % | £15,468 | £130,568 |
| 6 Month Average | 16.982 % | £19,546 | £134,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £139,440 | £137,000 | 9 OLIVE GARDENS |
| 28 Sep 2023 | £141,813 | £140,000 | 22 OLIVE GARDENS |
| 13 Apr 2023 | £128,382 | £127,000 | 15 EVISTONES ROAD |
| 20 Feb 2023 | £64,956 | £65,000 | 14 THE FELLS SALKELD ROAD |
| 17 Feb 2023 | £34,976 | £35,000 | 6 THE FELLS SALKELD ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Mar 2019. Using an estimated price of £145,103 means this house is valued at £2,232 per sq meter (£207 per sq foot).
The average size of a house on SALKELD ROAD is 62 sq meters (672 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cyprus Gardens |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Cyprus Gardens |
| Apr 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Evistones Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Evistones Road |