£74,813
This estimated value is based upon the latest sale price for the house of £61,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £61,000 | 4 Nov 2019 |
| £62,000 | 2 Sep 2016 |
| £87,500 | 5 Sep 2008 |
| £117,500 | 27 Jul 2007 |
| £64,950 | 18 Nov 2005 |
| £32,950 | 25 Oct 2002 |
| £61,000 | 23 Aug 2002 |
| £24,950 | 29 Sep 2000 |
| £42,950 | 22 Jul 1999 |
| £10,000 | 28 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £61,000 results in an estimated price of approximately £74,813.
| 4 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £61,000 | £13,813 | £74,813 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -53.957 % | £-32,913 | £28,086 |
| 3 Month Average | -21.161 % | £-12,908 | £48,091 |
| 6 Month Average | 4.249 % | £2,591 | £63,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £70,955 | £70,000 | 32 LYNDHURST STREET |
| 16 Jun 2023 | £77,944 | £77,000 | 31 SALISBURY STREET |
| 8 Mar 2023 | £78,742 | £78,000 | 16 SALISBURY STREET |
| 20 Feb 2023 | £229,845 | £230,000 | 9 BOLINGBROKE STREET |
| 25 Jan 2023 | £65,691 | £66,000 | 14 SALISBURY STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Feb 2016. Using an estimated price of £74,813 means this house is valued at £1,268 per sq meter (£117 per sq foot).
The average size of a house on SALISBURY STREET is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Berkely Street |
| Jan 2024 | Other crime | Under investigation | On or near Berkely Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bolingbroke Street |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Lyndhurst Street |
| Dec 2023 | Anti-social behaviour | On or near Lyndhurst Street |