£168,474
This estimated value is based upon the latest sale price for the house of £126,000 on 22 Apr 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £126,000 | 22 Apr 2016 |
| £104,950 | 16 Mar 2015 |
| £68,000 | 22 Jun 2001 |
| £43,950 | 30 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 523 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 2016 the House Price Index for TYNE AND WEAR was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £126,000 results in an estimated price of approximately £168,474.
| 22 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £126,000 | £42,474 | £168,474 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | -85.738 % | £-108,030 | £17,969 |
| 3 Month Average | 57.966 % | £73,037 | £199,037 |
| 6 Month Average | -28.359 % | £-35,731 | £90,268 |
This house has a floor area of 48 sq meters or 523 sq feet when measured on 7 Feb 2012.
The average size of a house on QUEEN STREET is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Street |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Queen Street |