£344,871
This estimated value is based upon the latest sale price for the house of £275,050 on 10 Aug 2017. 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 Elsdon Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,050 | 10 Aug 2017 |
| £211,500 | 28 Aug 2009 |
| £64,750 | 8 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £275,050 results in an estimated price of approximately £344,871.
| 10 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £275,050 | £69,821 | £344,871 |
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 | 18.495 % | £50,869 | £325,919 |
| 3 Month Average | -1.844 % | £-5,071 | £269,978 |
| 6 Month Average | 12.209 % | £33,582 | £308,632 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 26 May 2016.
The average size of a house on ELSDON ROAD is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Elsdon Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Irton Street |