£662,777
This estimated value is based upon the latest sale price for the house of £524,995 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £524,995 | 29 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £524,995 results in an estimated price of approximately £662,777.
| 29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £524,995 | £137,782 | £662,777 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 45.230 % | £237,453 | £762,448 |
| 3 Month Average | 43.054 % | £226,033 | £751,028 |
| 6 Month Average | 28.313 % | £148,644 | £673,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £741,849 | £725,000 | 18 SALTWICK GARDENS |
| 11 Aug 2023 | £549,918 | £540,000 | 24 AYLE GROVE |
| 9 Aug 2022 | £514,908 | £512,500 | 29 ROWLINGTON WAY |
| 7 Jun 2022 | £756,164 | £740,000 | 11 WESTGATE CLOSE |
| 2 Mar 2022 | £772,510 | £740,000 | 14 WESTGATE CLOSE |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 24 Jan 2018. Using an estimated price of £662,778 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on SALTWICK GARDENS is 178 sq meters (1,921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Saltwick Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Saltwick Gardens |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Saltwick Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Saltwick Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ayle Grove |