£432,557
This estimated value is based upon the latest sale price for the house of £322,500 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £322,500 | 24 Aug 2016 |
| £338,000 | 10 Jun 2009 |
| £213,500 | 23 Jan 2004 |
| £105,000 | 1 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,504 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in August 2016 the House Price Index for NORTHUMBERLAND was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £322,500 results in an estimated price of approximately £432,557.
| 24 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £322,500 | £110,057 | £432,557 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 1.357 % | £4,375 | £326,875 |
| 3 Month Average | -3.595 % | £-11,594 | £310,905 |
| 6 Month Average | 14.630 % | £47,182 | £369,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2024 | £535,000 | £535,000 | 10 ST GEORGES ROAD |
| 19 Mar 2024 | £885,606 | £872,000 | REDMIRES ELVASTON PARK ROAD |
| 7 Mar 2024 | £279,291 | £275,000 | 3 MOONFIELD |
| 6 Mar 2024 | £1,046,072 | £1,030,000 | WHITE GATES ELVASTON PARK ROAD |
| 25 Sep 2023 | £444,294 | £434,500 | 4 ST GEORGES ROAD |
This house has a floor area of 139 sq meters or 1,504 sq feet when measured on 7 Oct 2008. Using an estimated price of £432,557 means this house is valued at £3,094 per sq meter (£287 per sq foot).
The average size of a house on ELVASTON ROAD is 183 sq meters (1,975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hackwood Glade |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Loughbrow Park |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Road | |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Road | |
| Aug 2024 | Anti-social behaviour | On or near St Nicholas Road |