£191,113
This estimated value is based upon the latest sale price for the house of £110,000 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £110,000 | 30 Oct 2009 |
| £148,000 | 15 Oct 2004 |
| £135,000 | 20 May 2004 |
| £140,000 | 6 Apr 2004 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2009 the House Price Index for TYNE AND WEAR was 84.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.Applying this 73.740% change to the original purchase price of £110,000 results in an estimated price of approximately £191,113.
| 30 Oct 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 146.7 | 73.740 % | £110,000 | £81,113 | £191,113 |
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 | 19.496 % | £21,445 | £131,445 |
| 3 Month Average | 8.556 % | £9,411 | £119,411 |
| 6 Month Average | 17.984 % | £19,781 | £129,781 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Oct 2019.
The average size of a house on SALTERS ROAD is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lansdowne Place |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lansdowne Place |
| Mar 2024 | Anti-social behaviour | On or near Archibald Street | |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Broomfield Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Broomfield Road |