£398,866
This estimated value is based upon the latest sale price for the house of £228,000 on 16 Jun 2006. 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
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£228,000 | 16 Jun 2006 |
£71,000 | 26 May 1995 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 June 2006 the House Price Index for TYNE AND WEAR was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £228,000 results in an estimated price of approximately £398,866.
16 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.6 | 149.7 | 74.941 % | £228,000 | £170,866 | £398,866 |
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 | -5.456 % | £-12,440 | £215,559 |
3 Month Average | 9.148 % | £20,857 | £248,857 |
6 Month Average | 15.790 % | £36,000 | £264,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £79,519 | £77,500 | 17 BOWES LYON COURT DRYDEN ROAD |
3 Nov 2023 | £641,278 | £625,000 | 37 VALLEY DRIVE |
2 Oct 2023 | £67,841 | £66,300 | 1 BOWES LYON COURT DRYDEN ROAD |
18 Aug 2023 | £229,133 | £225,000 | 20 LYNNHOLME GARDENS |
8 Aug 2023 | £78,923 | £77,500 | 11 BOWES LYON COURT DRYDEN ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 21 Jul 2014. Using an estimated price of £398,866 means this house is valued at £3,593 per sq meter (£333 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 | 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 |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Valley Gardens |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynnholme Gardens |