£39,596
This estimated value is based upon the latest sale price for the house of £11,263 on 22 Jan 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Elswick
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| Price Paid | Date |
|---|---|
| £11,263 | 22 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in January 2001 the House Price Index for LANCASHIRE was 41.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 251.567%.Applying this 251.567% change to the original purchase price of £11,263 results in an estimated price of approximately £39,596.
| 22 Jan 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 146.7 | 251.567 % | £11,263 | £28,333 | £39,596 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 250.908 % | £28,259 | £39,522 |
| 3 Month Average | 186.158 % | £20,966 | £32,229 |
| 6 Month Average | 231.625 % | £26,087 | £37,350 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 11 Aug 2016.
The average size of a house on ELMSTEAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Elswick | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elswick |
| Feb 2024 | Burglary | Local resolution | On or near Elswick |
| Feb 2024 | Vehicle crime | Under investigation | On or near Elswick |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elswick |