£149,993
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Apr 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£80,000 | 30 Apr 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 595 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 April 2009 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £80,000 results in an estimated price of approximately £149,993.
30 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.491 % | £80,000 | £69,993 | £149,993 |
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 | 15.933 % | £12,746 | £92,746 |
3 Month Average | -4.780 % | £-3,823 | £76,176 |
6 Month Average | 8.314 % | £6,651 | £86,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £310,267 | £305,500 | 95 SALCOMBE GARDENS |
23 Aug 2023 | £6,059 | £5,950 | 11 REDRUTH GARDENS |
18 Aug 2023 | £181,269 | £178,000 | 27 SALCOMBE GARDENS |
9 Jun 2023 | £220,417 | £216,000 | 47 GLENEAGLES ROAD |
20 Jan 2023 | £300,804 | £300,000 | 6 SALCOMBE GARDENS |
This house has a floor area of 55 sq meters or 595 sq feet when measured on 13 Nov 2008. Using an estimated price of £149,993 means this house is valued at £2,712 per sq meter (£251 per sq foot).
The average size of a house on SALCOMBE GARDENS is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salcombe Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Salcombe Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Berkdale Road |
Jul 2024 | Shoplifting | Under investigation | On or near Berkdale Road |
Jul 2024 | Other theft | Under investigation | On or near Berkdale Road |