£651,397
This estimated value is based upon the latest sale price for the house of £350,000 on 20 Apr 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 |
|---|---|
| £350,000 | 20 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,664 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 April 2009 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £350,000 results in an estimated price of approximately £651,397.
| 20 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £350,000 | £301,397 | £651,397 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 32.116 % | £112,406 | £462,406 |
| 3 Month Average | 42.776 % | £149,715 | £499,715 |
| 6 Month Average | 38.044 % | £133,152 | £483,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £93,192 | £92,000 | 12 WILSON COURT |
| 11 Aug 2023 | £413,618 | £410,000 | 28 WOODLEIGH ROAD |
| 7 Aug 2023 | £529,633 | £525,000 | 15 EASTFIELD AVENUE |
| 21 Jul 2023 | £446,003 | £440,000 | 3 EASTFIELD AVENUE |
| 21 Jun 2023 | £126,533 | £125,000 | 52 WILSON COURT |
This house has a floor area of 154 sq meters or 1,664 sq feet when measured on 19 Dec 2008. Using an estimated price of £651,398 means this house is valued at £4,211 per sq meter (£391 per sq foot).
The average size of a house on ELMWOOD ROAD is 230 sq meters (2,484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Elmwood Road | |
| Feb 2024 | Anti-social behaviour | On or near Elmwood Road | |
| Feb 2024 | Anti-social behaviour | On or near Elmwood Road | |
| Feb 2024 | Anti-social behaviour | On or near Elmwood Road | |
| Feb 2024 | Anti-social behaviour | On or near Elmwood Road |