£240,018
This estimated value is based upon the latest sale price for the house of £199,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £199,000 | 26 Jun 2020 |
| £74,000 | 1 Jul 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £199,000 results in an estimated price of approximately £240,018.
| 26 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £199,000 | £41,018 | £240,018 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 349.823 % | £696,148 | £895,148 |
| 3 Month Average | 53.939 % | £107,338 | £306,338 |
| 6 Month Average | 18.841 % | £37,494 | £236,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £268,446 | £265,000 | 23 ST CHRISTOPHERS ROAD |
| 30 Aug 2023 | £278,038 | £276,347 | 8 ELSTOB PLACE |
| 18 Aug 2023 | £211,235 | £209,950 | 41 ST CHRISTOPHERS ROAD |
| 31 Mar 2023 | £231,250 | £230,000 | 17 NURSERY ROAD |
| 14 Oct 2022 | £172,437 | £175,000 | 16 HIPSBURN DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 7 Mar 2020. Using an estimated price of £240,019 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on ELSTOB PLACE is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elstob Place |
| Apr 2024 | Anti-social behaviour | On or near Wilden Court | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilden Court |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |