£607,619
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Oct 2004. 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 Audley Gardens
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| Price Paid | Date |
|---|---|
| £320,000 | 1 Oct 2004 |
| Detached |
| Leasehold |
| Floor Area: 167 sq meters or 1,797 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 2004 the House Price Index for TYNE AND WEAR was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £320,000 results in an estimated price of approximately £607,619.
| 1 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £320,000 | £287,619 | £607,619 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 29.428 % | £94,169 | £414,169 |
| 3 Month Average | 30.674 % | £98,157 | £418,157 |
| 6 Month Average | 35.405 % | £113,297 | £433,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £187,780 | £185,000 | 159 QUEEN ALEXANDRA ROAD |
| 27 Jun 2023 | £202,452 | £200,000 | 12A AUDLEY GARDENS |
| 28 Apr 2023 | £166,796 | £165,000 | 169 QUEEN ALEXANDRA ROAD |
| 5 Aug 2022 | £239,351 | £239,995 | 177 QUEEN ALEXANDRA ROAD |
| 10 Jun 2022 | £260,684 | £257,000 | 164 QUEEN ALEXANDRA ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 28 Apr 2016. Using an estimated price of £607,619 means this house is valued at £3,638 per sq meter (£338 per sq foot).
The average size of a house on QUEEN ALEXANDRA ROAD is 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Audley Gardens |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fairholme Road |
| Feb 2024 | Public order | Under investigation | On or near Tunstall Park |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Tunstall Park |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Tunstall Park |