£121,875
This estimated value is based upon the latest sale price for the house of £92,500 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Eldon Place
More crime details
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| Price Paid | Date |
|---|---|
| £92,500 | 25 Nov 2016 |
| £89,950 | 23 May 2014 |
| Semi-Detached |
| Freehold |
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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £92,500 results in an estimated price of approximately £121,875.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £92,500 | £29,375 | £121,875 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 13.866 % | £12,826 | £105,326 |
| 3 Month Average | 38.399 % | £35,518 | £128,018 |
| 6 Month Average | 27.712 % | £25,634 | £118,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £165,111 | £163,000 | 9 NEWDENE WALK |
| 1 Sep 2023 | £131,684 | £130,000 | 19 KIRKSTON AVENUE |
| 4 Aug 2023 | £177,553 | £176,000 | 11 NEWDENE WALK |
| 4 Aug 2023 | £121,009 | £119,950 | 33 WAVERLEY CRESCENT |
| 3 Feb 2023 | £172,884 | £173,000 | 2 CLAREMONT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eldon Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eldon Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eldon Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waverley Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Waverley Crescent |