£114,112
This estimated value is based upon the latest sale price for the house of £112,500 on 1 Jun 2022. 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 Queen'S Crescent
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Price Paid | Date |
---|---|
£112,500 | 1 Jun 2022 |
£123,000 | 24 Jan 2008 |
£24,127 | 21 Oct 2003 |
£46,000 | 29 Jan 1999 |
£30,000 | 5 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 June 2022 the House Price Index for TYNE AND WEAR was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £112,500 results in an estimated price of approximately £114,112.
1 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £112,500 | £1,612 | £114,112 |
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 | -1.712 % | £-1,925 | £110,574 |
3 Month Average | -12.120 % | £-13,634 | £98,865 |
6 Month Average | -8.117 % | £-9,132 | £103,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £127,000 | £127,000 | 74 CLEVELAND ROAD |
19 Dec 2023 | £160,814 | £158,000 | 83 CLEVELAND ROAD |
15 Dec 2023 | £101,730 | £99,950 | 54 HAWARDEN CRESCENT |
5 Sep 2023 | £107,373 | £106,000 | 58 QUEENS CRESCENT |
26 Jul 2023 | £94,218 | £92,950 | 51 QUEENS CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 29 Sep 2021. Using an estimated price of £114,113 means this house is valued at £1,584 per sq meter (£147 per sq foot).
The average size of a house on QUEENS CRESCENT is 77 sq meters (828 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Queen'S Crescent |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Queen'S Crescent |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawarden Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hawarden Crescent |
Jan 2024 | Anti-social behaviour | On or near Hawarden Crescent |