£39,716
This estimated value is based upon the latest sale price for the house of £39,000 on 9 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £39,000 | 9 Aug 2023 |
| £50,000 | 31 Oct 2017 |
| £18,000 | 20 Feb 2002 |
| £16,750 | 31 Oct 1997 |
| £17,500 | 29 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 27 sq meters or 290 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 August 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £39,000 results in an estimated price of approximately £39,716.
| 9 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £39,000 | £716 | £39,716 |
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 | 53.987 % | £21,055 | £60,055 |
| 3 Month Average | 12.640 % | £4,929 | £43,929 |
| 6 Month Average | 3.032 % | £1,182 | £40,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £105,920 | £105,000 | 12 GLENSIDE COURT BRECKENBEDS ROAD |
| 7 Mar 2024 | £157,419 | £155,000 | 15 OTTERBURN GARDENS |
| 24 Nov 2023 | £333,978 | £325,500 | 9 ALVERSTONE AVENUE |
| 15 Sep 2023 | £58,285 | £57,000 | 4 BRECKEN COURT SALTWELL ROAD SOUTH |
| 25 Aug 2023 | £302,455 | £297,000 | 15 BRECKENBEDS ROAD |
This house has a floor area of 27 sq meters or 290 sq feet when measured on 20 Jan 2016. Using an estimated price of £39,716 means this house is valued at £1,470 per sq meter (£136 per sq foot).
The average size of a house on SALTWELL ROAD SOUTH is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grantham Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grantham Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grantham Drive |
| Jun 2024 | Other crime | Under investigation | On or near Grantham Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Alverstone Avenue |