£99,868
This estimated value is based upon the latest sale price for the house of £75,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £75,000 | 29 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £75,000 results in an estimated price of approximately £99,868.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £75,000 | £24,868 | £99,868 |
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 | -13.519 % | £-10,139 | £64,860 |
| 3 Month Average | 11.048 % | £8,285 | £83,285 |
| 6 Month Average | 10.973 % | £8,229 | £83,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £139,440 | £137,000 | 9 OLIVE GARDENS |
| 14 Nov 2023 | £438,492 | £432,000 | 58 KELLS LANE |
| 28 Sep 2023 | £141,813 | £140,000 | 22 OLIVE GARDENS |
| 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 56 sq meters or 602 sq feet when measured on 15 Dec 2021. Using an estimated price of £99,868 means this house is valued at £1,783 per sq meter (£165 per sq foot).
The average size of a house on SALKELD ROAD is 62 sq meters (672 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |
| Feb 2024 | Other crime | Under investigation | On or near Hillside Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillside Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |