£437,278
This estimated value is based upon the latest sale price for the house of £381,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£381,000 | 14 Dec 2020 |
£323,500 | 27 Sep 2018 |
£245,000 | 27 Mar 2009 |
£197,500 | 25 Nov 2005 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £381,000 results in an estimated price of approximately £437,278.
14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £381,000 | £56,278 | £437,278 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -8.936 % | £-34,045 | £346,954 |
3 Month Average | 10.046 % | £38,276 | £419,276 |
6 Month Average | 8.286 % | £31,568 | £412,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £322,779 | £318,000 | 30 ALNWICK AVENUE |
20 Sep 2023 | £776,934 | £767,000 | 59 GROSVENOR DRIVE |
8 Aug 2022 | £505,888 | £507,250 | 71 GROSVENOR DRIVE |
29 Jul 2022 | £451,215 | £450,000 | 72 GROSVENOR DRIVE |
19 Jan 2022 | £320,721 | £304,750 | 28 ALNWICK AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 12 Aug 2020. Using an estimated price of £437,279 means this house is valued at £3,416 per sq meter (£317 per sq foot).
The average size of a house on QUEENS DRIVE is 139 sq meters (1,505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Queen'S Drive |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Queen'S Drive |
Feb 2024 | Vehicle crime | Under investigation | On or near Queen'S Drive |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grosvenor Drive |
Apr 2024 | Other theft | Under investigation | On or near Grosvenor Drive |