£611,728
This estimated value is based upon the latest sale price for the house of £340,000 on 27 Oct 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £340,000 | 27 Oct 2005 |
| £110,000 | 4 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 October 2005 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.920%.Applying this 79.920% change to the original purchase price of £340,000 results in an estimated price of approximately £611,728.
| 27 Oct 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.920 % | £340,000 | £271,728 | £611,728 |
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 | 24.538 % | £83,429 | £423,429 |
| 3 Month Average | 19.144 % | £65,090 | £405,090 |
| 6 Month Average | 27.048 % | £91,964 | £431,964 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 12 May 2016.
The average size of a house on ELMFIELD GARDENS is 137 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Ashburton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ashburton Road |
| Feb 2024 | Burglary | Under investigation | On or near Elmfield Grove |
| Feb 2024 | Anti-social behaviour | On or near Ashfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Ashfield Road |