£158,225
This estimated value is based upon the latest sale price for the house of £128,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £128,000 | 24 May 2019 |
| £71,000 | 25 Jan 2002 |
| £55,000 | 4 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £128,000 results in an estimated price of approximately £158,225.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £128,000 | £30,225 | £158,225 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 44.498 % | £56,957 | £184,957 |
| 3 Month Average | 14.795 % | £18,937 | £146,937 |
| 6 Month Average | 8.335 % | £10,669 | £138,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £83,789 | £83,000 | 27 SOUTH STREET |
| 16 Nov 2022 | £74,102 | £75,000 | 6 CHARLES STREET |
| 17 Jun 2022 | £70,496 | £69,500 | 1 CHARLES STREET |
| 20 May 2022 | £96,824 | £95,000 | 44 SOUTH STREET |
| 17 Nov 2021 | £73,002 | £67,500 | 5 CHARLES STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 May 2018. Using an estimated price of £158,226 means this house is valued at £2,326 per sq meter (£216 per sq foot).
The average size of a house on ELM PLACE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Mar 2024 | Anti-social behaviour | On or near Charles Street | |
| Feb 2024 | Anti-social behaviour | On or near Charles Street |