£149,556
This estimated value is based upon the latest sale price for the house of £122,500 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£122,500 | 26 Apr 2019 |
£101,500 | 24 Aug 2015 |
£33,000 | 10 Feb 1995 |
Flats/Maisonettes |
Freehold |
Floor Area: 79 sq meters or 850 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £122,500 results in an estimated price of approximately £149,556.
26 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 146.7 | 22.087 % | £122,500 | £27,056 | £149,556 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -20.704 % | £-25,362 | £97,137 |
3 Month Average | 11.226 % | £13,751 | £136,251 |
6 Month Average | 12.324 % | £15,096 | £137,596 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Mar 2015.
The average size of a house on QUEEN ALEXANDRA ROAD is 81 sq meters (880 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Windsor Gardens |
Jan 2024 | Anti-social behaviour | On or near Osborne Gardens | |
Jan 2024 | Anti-social behaviour | On or near Osborne Gardens | |
Jan 2024 | Anti-social behaviour | On or near Osborne Gardens | |
Mar 2024 | Shoplifting | Under investigation | On or near Preston Road |