£196,945
This estimated value is based upon the latest sale price for the house of £161,500 on 18 Feb 2019. 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 Broomfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £161,500 | 18 Feb 2019 |
| £121,000 | 9 Apr 2014 |
| £153,000 | 25 Jul 2008 |
| £134,000 | 1 Sep 2006 |
| £126,000 | 3 Aug 2005 |
| £35,000 | 29 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 692 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £161,500 results in an estimated price of approximately £196,945.
| 18 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £161,500 | £35,445 | £196,945 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 40.955 % | £66,141 | £227,641 |
| 3 Month Average | 14.068 % | £22,719 | £184,219 |
| 6 Month Average | 14.808 % | £23,914 | £185,414 |
This house has a floor area of 64 sq meters or 692 sq feet when measured on 28 Jun 2010.
The average size of a house on SALTERS ROAD is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Broomfield Road |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Broomfield Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Broomfield Road |