£51,182
This estimated value is based upon the latest sale price for the house of £39,999 on 20 Mar 2017. 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 Wellfield Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £39,999 | 20 Mar 2017 |
| £42,000 | 7 Nov 2011 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 62 sq meters or 673 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 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £39,999 results in an estimated price of approximately £51,182.
| 20 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £39,999 | £11,183 | £51,182 |
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 | 3.051 % | £1,220 | £41,219 |
| 3 Month Average | -1.850 % | £-740 | £39,258 |
| 6 Month Average | -0.375 % | £-150 | £39,848 |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 10 Mar 2010.
The average size of a house on ELLESMERE ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wellfield Road | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wellfield Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellfield Road |
| Jan 2024 | Anti-social behaviour | On or near Wellfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Wellfield Road |