£128,377
This estimated value is based upon the latest sale price for the house of £75,000 on 26 Mar 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 |
|---|---|
| £75,000 | 26 Mar 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 March 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £75,000 results in an estimated price of approximately £128,377.
| 26 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £75,000 | £53,377 | £128,377 |
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 | 50.459 % | £37,844 | £112,844 |
| 3 Month Average | 53.206 % | £39,904 | £114,904 |
| 6 Month Average | 29.667 % | £22,250 | £97,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £55,217 | £54,000 | 232 ELLESMERE ROAD |
| 9 Jun 2023 | £78,575 | £77,000 | 235 ELLESMERE ROAD |
| 7 Feb 2023 | £85,572 | £85,000 | 163 HAMPSTEAD ROAD |
| 24 Jun 2022 | £47,005 | £46,000 | 238 ELLESMERE ROAD |
| 30 Mar 2022 | £62,636 | £60,000 | 228 HAMPSTEAD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 15 Sep 2020. Using an estimated price of £128,378 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on HAMPSTEAD ROAD is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Theft from the person | Under investigation | On or near Ladykirk Road |
| Jun 2024 | Drugs | Under investigation | On or near Ladykirk Road |
| Apr 2024 | Anti-social behaviour | On or near Ladykirk Road | |
| Apr 2024 | Anti-social behaviour | On or near Ladykirk Road | |
| Apr 2024 | Anti-social behaviour | On or near Ladykirk Road |