£151,911
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Farndale Road
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 23 Dec 2016 |
| £95,000 | 19 Nov 2009 |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £115,000 results in an estimated price of approximately £151,911.
| 23 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £115,000 | £36,911 | £151,911 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 48.506 % | £55,781 | £170,781 |
| 3 Month Average | 28.221 % | £32,454 | £147,454 |
| 6 Month Average | 26.584 % | £30,571 | £145,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £162,497 | £160,000 | 81 ELLESMERE ROAD |
| 21 Dec 2023 | £79,957 | £77,500 | 28 ELLESMERE ROAD |
| 9 Feb 2023 | £125,841 | £125,000 | 118 HAMPSTEAD ROAD |
| 7 Feb 2023 | £85,572 | £85,000 | 163 HAMPSTEAD ROAD |
| 3 Feb 2023 | £53,356 | £53,000 | 36 ELLESMERE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 27 Feb 2014. Using an estimated price of £151,912 means this house is valued at £1,406 per sq meter (£130 per sq foot).
The average size of a house on ELLESMERE ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Farndale Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Farndale Road |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Farndale Road |