£328,491
This estimated value is based upon the latest sale price for the house of £261,000 on 24 Jul 2017. 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 Elsdon Road
More crime details
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| Price Paid | Date |
|---|---|
| £261,000 | 24 Jul 2017 |
| £247,000 | 24 Sep 2010 |
| £245,000 | 31 Mar 2004 |
| £150,000 | 23 Dec 2002 |
| £78,000 | 24 Nov 1997 |
| £64,000 | 11 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 152 sq meters or 1,637 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 July 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £261,000 results in an estimated price of approximately £328,491.
| 24 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £261,000 | £67,491 | £328,491 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 13.069 % | £34,109 | £295,109 |
| 3 Month Average | 6.242 % | £16,292 | £277,292 |
| 6 Month Average | 18.252 % | £47,637 | £308,637 |
This house has a floor area of 152 sq meters or 1,637 sq feet when measured on 26 Mar 2010.
The average size of a house on ELSDON ROAD is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Elsdon Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Irton Street |