£136,465
This estimated value is based upon the latest sale price for the house of £90,000 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 5 Sep 2014 |
| Semi-Detached |
| Freehold |
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 September 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £90,000 results in an estimated price of approximately £136,465.
| 5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £90,000 | £46,465 | £136,465 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 24.667 % | £22,200 | £112,200 |
| 3 Month Average | 28.311 % | £25,479 | £115,479 |
| 6 Month Average | 26.376 % | £23,738 | £113,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Aug 2024 | £168,000 | £168,000 | 23 SALCOMBE AVENUE |
| 9 Aug 2024 | £148,000 | £148,000 | 47 FALMOUTH DRIVE |
| 31 May 2024 | £135,000 | £135,000 | 33 BRIXHAM CRESCENT |
| 8 Sep 2023 | £163,607 | £160,000 | 10 BEECHWOOD CLOSE |
| 27 Jan 2023 | £131,351 | £131,000 | 21 BRIXHAM CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Salcombe Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Salcombe Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Salcombe Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Salcombe Avenue | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Brixham Crescent |