£203,839
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £165,000 | 29 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £165,000 results in an estimated price of approximately £203,839.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £165,000 | £38,839 | £203,839 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 1.277 % | £2,106 | £167,106 |
| 3 Month Average | 14.953 % | £24,672 | £189,672 |
| 6 Month Average | 14.626 % | £24,133 | £189,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £226,986 | £225,000 | 20 LYNNHOLME GARDENS |
| 21 Jul 2023 | £86,160 | £85,000 | 77 INSKIP TERRACE |
| 21 Jul 2023 | £76,530 | £75,500 | 111 INSKIP TERRACE |
| 17 Feb 2023 | £219,852 | £220,000 | 52 HOLYOAKE GARDENS |
| 27 Jan 2023 | £138,348 | £139,000 | 48 HOLYOAKE GARDENS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Nov 2018. Using an estimated price of £203,839 means this house is valued at £2,342 per sq meter (£217 per sq foot).
The average size of a house on ELLWOOD GARDENS is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holyoake Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Inskip Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Salkeld Gardens |