£187,126
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Oct 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£110,000 | 29 Oct 2010 |
£115,000 | 16 Apr 2004 |
£59,500 | 25 May 2000 |
£53,995 | 31 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 736 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 October 2010 the House Price Index for TYNE AND WEAR was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £110,000 results in an estimated price of approximately £187,126.
29 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £110,000 | £77,126 | £187,126 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 36.104 % | £39,714 | £149,714 |
3 Month Average | 9.716 % | £10,687 | £120,687 |
6 Month Average | 8.259 % | £9,085 | £119,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £72,067 | £71,000 | 23 KENSINGTON COURT |
11 Jul 2023 | £111,501 | £110,000 | 6 ELLERBECK CLOSE |
20 Mar 2023 | £76,218 | £75,500 | 22 KENSINGTON COURT |
6 Mar 2023 | £63,599 | £63,000 | 21 KENSINGTON COURT |
9 Jun 2022 | £66,946 | £66,000 | 12 KENSINGTON COURT |
This house has a floor area of 68 sq meters or 736 sq feet when measured on 3 Dec 2009. Using an estimated price of £187,127 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on ELLERBECK CLOSE is 66 sq meters (718 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Ellerton Way | |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Woodbine Terrace |
Dec 2023 | Possession of weapons | Under investigation | On or near Dundas Way |