£1,278,140
This estimated value is based upon the latest sale price for the house of £395,000 on 14 Sep 2001. 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 Elmfield Road
More crime details
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| Price Paid | Date |
|---|---|
| £395,000 | 14 Sep 2001 |
| £315,000 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 219 sq meters or 2,357 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 September 2001 the House Price Index for TYNE AND WEAR was 45.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 223.580%.Applying this 223.580% change to the original purchase price of £395,000 results in an estimated price of approximately £1,278,140.
| 14 Sep 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 146.7 | 223.580 % | £395,000 | £883,140 | £1,278,140 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 180.223 % | £711,881 | £1,106,881 |
| 3 Month Average | 130.435 % | £515,217 | £910,217 |
| 6 Month Average | 154.436 % | £610,024 | £1,005,024 |
This house has a floor area of 219 sq meters or 2,357 sq feet when measured on 16 Jul 2013.
The average size of a house on WESTFIELD DRIVE is 347 sq meters (3,741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Elmfield Road |
| Mar 2024 | Burglary | Under investigation | On or near Richmond Mews |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Mews |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westfield Park |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Park |