£181,966
This estimated value is based upon the latest sale price for the house of £68,500 on 4 Oct 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £68,500 | 4 Oct 2002 |
| £40,000 | 25 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2002 the House Price Index for TYNE AND WEAR was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £68,500 results in an estimated price of approximately £181,966.
| 4 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £68,500 | £113,466 | £181,966 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 109.299 % | £74,869 | £143,369 |
| 3 Month Average | 99.855 % | £68,400 | £136,900 |
| 6 Month Average | 119.699 % | £81,993 | £150,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £139,280 | £135,000 | 9 HAWARDEN CRESCENT |
| 3 Nov 2023 | £123,125 | £120,000 | 28 QUEENS CRESCENT |
| 1 Aug 2023 | £91,653 | £90,000 | 19 HAWARDEN CRESCENT |
| 23 Jun 2023 | £132,658 | £130,000 | 18 QUEENS CRESCENT |
| 17 Feb 2023 | £110,740 | £110,000 | 6 HAWARDEN CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Jun 2021. Using an estimated price of £181,967 means this house is valued at £2,192 per sq meter (£203 per sq foot).
The average size of a house on QUEENS CRESCENT is 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaklands Terrace |
| Jun 2024 | Anti-social behaviour | On or near Oaklands Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Oaklands Terrace | |
| Jun 2024 | Anti-social behaviour | On or near Oaklands Terrace |