£86,702
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £45,000 | 20 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 August 2004 the House Price Index for TYNE AND WEAR was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £45,000 results in an estimated price of approximately £86,702.
| 20 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £45,000 | £41,702 | £86,702 |
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 | 55.736 % | £25,081 | £70,081 |
| 3 Month Average | 65.741 % | £29,583 | £74,583 |
| 6 Month Average | 74.464 % | £33,508 | £78,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £78,880 | £77,500 | 28 ELLESMERE ROAD |
| 7 Feb 2023 | £84,943 | £85,000 | 163 HAMPSTEAD ROAD |
| 3 Feb 2023 | £52,964 | £53,000 | 36 ELLESMERE ROAD |
| 29 Mar 2022 | £67,357 | £65,000 | 94 HAMPSTEAD ROAD |
| 21 Dec 2021 | £53,569 | £50,000 | 98 ELLESMERE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Sep 2013. Using an estimated price of £86,703 means this house is valued at £1,313 per sq meter (£122 per sq foot).
The average size of a house on ELLESMERE ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Road |
| Mar 2024 | Public order | Under investigation | On or near Ellesmere Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ellesmere Road |
| Feb 2024 | Anti-social behaviour | On or near Ellesmere Road |