£126,271
This estimated value is based upon the latest sale price for the house of £25,300 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £25,300 | 31 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 October 1997 the House Price Index for TYNE AND WEAR was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £25,300 results in an estimated price of approximately £126,271.
| 31 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £25,300 | £100,971 | £126,271 |
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 | 435.699 % | £110,231 | £135,531 |
| 3 Month Average | 403.558 % | £102,100 | £127,400 |
| 6 Month Average | 365.529 % | £92,478 | £117,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £174,974 | £171,000 | 29 EASTGATE GARDENS |
| 29 Aug 2023 | £122,204 | £120,000 | 24 EASTGATE GARDENS |
| 29 Aug 2023 | £44,808 | £44,000 | 466 ELSWICK ROAD |
| 18 Aug 2023 | £112,020 | £110,000 | 4 EASTGATE GARDENS |
| 23 Jun 2023 | £164,292 | £161,000 | 31 EASTGATE GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Apr 2014. Using an estimated price of £126,271 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on ELSWICK ROAD is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastgate Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eastgate Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dipton Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Dipton Avenue |
| Jun 2024 | Burglary | Under investigation | On or near Dipton Avenue |