£207,487
This estimated value is based upon the latest sale price for the house of £129,950 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £129,950 | 9 Mar 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 59.667%.Applying this 59.667% change to the original purchase price of £129,950 results in an estimated price of approximately £207,487.
| 9 Mar 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 146.7 | 59.667 % | £129,950 | £77,537 | £207,487 |
The Postcode Pricing Model uses changes in average sales price within the NE12 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 | -6.877 % | £-8,936 | £121,013 |
| 3 Month Average | 16.605 % | £21,578 | £151,528 |
| 6 Month Average | 21.530 % | £27,978 | £157,928 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 21 Dec 2018.
The average size of a house on ELIZABETH DRIVE is 101 sq meters (1,095 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Court |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Elizabeth Court |
| Mar 2024 | Other theft | Under investigation | On or near Elizabeth Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Court |