£119,615
This estimated value is based upon the latest sale price for the house of £76,500 on 18 Dec 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£76,500 | 18 Dec 2007 |
£26,950 | 2 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 December 2007 the House Price Index for TYNE AND WEAR was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £76,500 results in an estimated price of approximately £119,615.
18 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £76,500 | £43,115 | £119,615 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 49.833 % | £38,122 | £114,622 |
3 Month Average | 33.900 % | £25,933 | £102,433 |
6 Month Average | 14.639 % | £11,198 | £87,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £153,381 | £150,000 | PARKSIDE HOUSE ELTON STREET EAST |
25 Nov 2022 | £64,697 | £65,000 | 21 LISLE STREET |
5 Aug 2022 | £71,334 | £71,000 | 18 REIVER COURT WILSON STREET |
3 Sep 2021 | £70,019 | £64,500 | 15 LISLE STREET |
13 Jul 2021 | £208,399 | £180,000 | HADRIAN HEALTH CENTRE ELTON STREET EAST |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 30 Jul 2014. Using an estimated price of £119,616 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on ELTON STREET EAST is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
May 2024 | Theft from the person | Under investigation | On or near Parking Area |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |