£350,717
This estimated value is based upon the latest sale price for the house of £204,454 on 24 Jan 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£204,454 | 24 Jan 2011 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 January 2011 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £204,454 results in an estimated price of approximately £350,717.
24 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.539 % | £204,454 | £146,263 | £350,717 |
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 | 20.800 % | £42,525 | £246,979 |
3 Month Average | 29.464 % | £60,240 | £264,694 |
6 Month Average | 44.504 % | £90,989 | £295,443 |
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 | £131,911 | £132,000 | 63 SALISBURY AVENUE |
3 Feb 2023 | £136,908 | £137,000 | 83 SALISBURY AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 26 Sep 2012. Using an estimated price of £350,718 means this house is valued at £3,507 per sq meter (£325 per sq foot).
The average size of a house on INGLESIDE ROAD is 107 sq meters (1,160 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Preston Park |
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 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Windsor Gardens |
Apr 2024 | Anti-social behaviour | On or near Woodlands |