£367,256
This estimated value is based upon the latest sale price for the house of £305,000 on 10 Jan 2020. 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 Salisbury Avenue
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £305,000 | 10 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £305,000 results in an estimated price of approximately £367,256.
| 10 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £305,000 | £62,256 | £367,256 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -0.030 % | £-90 | £304,909 |
| 3 Month Average | 24.705 % | £75,350 | £380,350 |
| 6 Month Average | 27.117 % | £82,707 | £387,707 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 17 Oct 2019.
The average size of a house on OTTERBURN ROAD is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Salisbury Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Salisbury Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rosebery Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cresswell Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Balmoral Gardens |