£213,453
This estimated value is based upon the latest sale price for the house of £128,000 on 21 Dec 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£128,000 | 21 Dec 2006 |
£60,000 | 26 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 December 2006 the House Price Index for TYNE AND WEAR was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £128,000 results in an estimated price of approximately £213,453.
21 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 149.7 | 66.761 % | £128,000 | £85,453 | £213,453 |
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 | 33.191 % | £42,484 | £170,484 |
3 Month Average | 26.011 % | £33,294 | £161,294 |
6 Month Average | 18.621 % | £23,834 | £151,834 |
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 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jan 2015. Using an estimated price of £213,454 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on SALCOMBE AVENUE is 101 sq meters (1,094 sq feet).
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 |