£138,923
This estimated value is based upon the latest sale price for the house of £117,000 on 22 Sep 2020. 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 Eldon Place
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| Price Paid | Date |
|---|---|
| £117,000 | 22 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £117,000 results in an estimated price of approximately £138,923.
| 22 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £117,000 | £21,923 | £138,923 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -49.366 % | £-57,758 | £59,241 |
| 3 Month Average | -10.263 % | £-12,007 | £104,992 |
| 6 Month Average | 2.027 % | £2,371 | £119,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £131,684 | £130,000 | 19 KIRKSTON AVENUE |
| 4 Aug 2023 | £121,009 | £119,950 | 33 WAVERLEY CRESCENT |
| 3 Feb 2023 | £172,884 | £173,000 | 2 CLAREMONT AVENUE |
| 24 Jan 2023 | £99,033 | £99,500 | 50 DENE AVENUE |
| 23 Jan 2023 | £164,226 | £165,000 | 45 MEADOW ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 3 Jul 2020. Using an estimated price of £138,924 means this house is valued at £1,403 per sq meter (£130 per sq foot).
The average size of a house on WAVERLEY CRESCENT is 116 sq meters (1,257 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eldon Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eldon Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eldon Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eldon Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eldon Road |