£211,782
This estimated value is based upon the latest sale price for the house of £47,250 on 19 Mar 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £47,250 | 19 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 March 1999 the House Price Index for TYNE AND WEAR was 33.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.Applying this 348.216% change to the original purchase price of £47,250 results in an estimated price of approximately £211,782.
| 19 Mar 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 148.6 | 348.216 % | £47,250 | £164,532 | £211,782 |
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 | 242.725 % | £114,687 | £161,937 |
| 3 Month Average | 208.936 % | £98,722 | £145,972 |
| 6 Month Average | 219.413 % | £103,672 | £150,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £34,976 | £35,000 | 6 THE FELLS SALKELD ROAD |
| 10 Jan 2023 | £129,390 | £130,000 | 17 BEVERLEY CRESCENT |
| 26 Aug 2022 | £144,611 | £145,000 | 1 BEVERLEY CRESCENT |
| 9 May 2022 | £120,266 | £118,000 | 55 KELLS LANE |
| 3 Dec 2021 | £127,494 | £119,000 | 33 KELLS LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 15 Dec 2021. Using an estimated price of £211,782 means this house is valued at £4,152 per sq meter (£385 per sq foot).
The average size of a house on SALKELD ROAD is 62 sq meters (672 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Grove Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillside Place |
| Feb 2024 | Other crime | Under investigation | On or near Hillside Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillside Place |