£186,406
This estimated value is based upon the latest sale price for the house of £150,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £150,000 | 14 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £150,000 results in an estimated price of approximately £186,406.
| 14 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £150,000 | £36,406 | £186,406 |
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 | -3.824 % | £-5,735 | £144,264 |
| 3 Month Average | 22.609 % | £33,912 | £183,912 |
| 6 Month Average | 26.945 % | £40,417 | £190,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £157,500 | £157,500 | 119 QUEEN ALEXANDRA ROAD |
| 14 Dec 2023 | £252,767 | £245,000 | 108 QUEEN ALEXANDRA ROAD |
| 17 Nov 2023 | £122,099 | £119,000 | 27 BALMORAL GARDENS |
| 26 Jun 2023 | £313,278 | £307,000 | 3 CAMPVILLE |
| 5 Apr 2023 | £148,273 | £145,500 | 146 QUEEN ALEXANDRA ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 19 Oct 2018. Using an estimated price of £186,407 means this house is valued at £2,048 per sq meter (£190 per sq foot).
The average size of a house on QUEEN ALEXANDRA ROAD is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queen Alexandra Road |
| May 2024 | Anti-social behaviour | On or near Sandringham Gardens | |
| May 2024 | Anti-social behaviour | On or near Sandringham Gardens | |
| May 2024 | Anti-social behaviour | On or near Sandringham Gardens | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandringham Gardens |