£116,006
This estimated value is based upon the latest sale price for the house of £98,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £98,000 | 26 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £98,000 results in an estimated price of approximately £116,006.
| 26 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £98,000 | £18,006 | £116,006 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | -2.757 % | £-2,701 | £95,298 |
| 3 Month Average | -4.647 % | £-4,553 | £93,446 |
| 6 Month Average | 2.873 % | £2,815 | £100,815 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Jan 2020.
The average size of a house on SALTWELL ROAD is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Huxley Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Huxley Crescent |
| Feb 2024 | Other theft | Under investigation | On or near Arkwright Street |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Barry Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barry Street |