£133,012
This estimated value is based upon the latest sale price for the house of £110,000 on 1 Jul 2020. 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 Elvet Green
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| Price Paid | Date |
|---|---|
| £110,000 | 1 Jul 2020 |
| £120,000 | 16 Jul 2018 |
| £120,000 | 26 May 2006 |
| 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £110,000 results in an estimated price of approximately £133,012.
| 1 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £110,000 | £23,012 | £133,012 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 15.523 % | £17,074 | £127,074 |
| 3 Month Average | 6.789 % | £7,467 | £117,467 |
| 6 Month Average | 10.132 % | £11,145 | £121,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £40,712 | £40,000 | 2A LAMBTON DRIVE |
| 10 Nov 2023 | £208,081 | £205,000 | 18 ELVET GREEN |
| 28 Apr 2023 | £174,883 | £173,000 | 5 BELMONT RISE |
| 17 Feb 2023 | £124,916 | £125,000 | 150 LAMBTON DRIVE |
| 17 Nov 2022 | £158,085 | £160,000 | 55 LAMBTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Elvet Green |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lambton Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lambton Drive |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Lambton Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lambton Drive |