£124,840
This estimated value is based upon the latest sale price for the house of £115,000 on 24 Sep 2021. 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 Silksworth Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 24 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £115,000 results in an estimated price of approximately £124,840.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £115,000 | £9,840 | £124,840 |
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 | 57.041 % | £65,596 | £180,596 |
| 3 Month Average | 38.995 % | £44,844 | £159,844 |
| 6 Month Average | 11.979 % | £13,775 | £128,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £142,740 | £141,500 | 2 STANLEY GARDENS |
| 7 Mar 2024 | £129,997 | £128,000 | 31 LONG BANK |
| 23 Oct 2023 | £175,112 | £171,135 | 109 SEAHAM GARDENS |
| 15 Sep 2023 | £143,156 | £140,000 | 3 SACRISTON GARDENS |
| 4 Aug 2023 | £145,117 | £142,500 | 2 SATLEY GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 May 2021. Using an estimated price of £124,840 means this house is valued at £1,621 per sq meter (£150 per sq foot).
The average size of a house on SATLEY GARDENS is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Silksworth Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Silksworth Gardens | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Silksworth Gardens |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seaham Gardens |
| Aug 2024 | Vehicle crime | Under investigation | On or near Seaham Gardens |