£147,905
This estimated value is based upon the latest sale price for the house of £120,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 14 Feb 2020 |
| £95,000 | 23 Oct 2014 |
| £106,250 | 22 Nov 2010 |
| £85,000 | 17 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £120,000 results in an estimated price of approximately £147,905.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £120,000 | £27,905 | £147,905 |
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 | 3.540 % | £4,248 | £124,248 |
| 3 Month Average | 3.594 % | £4,313 | £124,313 |
| 6 Month Average | 8.997 % | £10,796 | £130,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £105,920 | £105,000 | 12 GLENSIDE COURT BRECKENBEDS ROAD |
| 24 Nov 2023 | £333,978 | £325,500 | 9 ALVERSTONE AVENUE |
| 15 Sep 2023 | £58,285 | £57,000 | 4 BRECKEN COURT SALTWELL ROAD SOUTH |
| 25 Aug 2023 | £302,455 | £297,000 | 15 BRECKENBEDS ROAD |
| 9 Aug 2023 | £39,716 | £39,000 | 3 BRECKEN COURT SALTWELL ROAD SOUTH |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Sep 2021. Using an estimated price of £147,906 means this house is valued at £2,594 per sq meter (£241 per sq foot).
The average size of a house on SALTWELL ROAD SOUTH is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Grantham Drive |
| May 2024 | Possession of weapons | Under investigation | On or near Grantham Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grantham Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grantham Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alverstone Avenue |