£389,713
This estimated value is based upon the latest sale price for the house of £310,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Alexandra Gardens
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Price Paid | Date |
---|---|
£310,000 | 15 Dec 2017 |
£268,000 | 1 Nov 2010 |
£149,750 | 29 Sep 2000 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,396 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 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £310,000 results in an estimated price of approximately £389,713.
15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £310,000 | £79,713 | £389,713 |
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 | 14.825 % | £45,956 | £355,956 |
3 Month Average | 12.980 % | £40,238 | £350,238 |
6 Month Average | 24.198 % | £75,013 | £385,013 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Sep 2023 | £374,792 | £370,000 | 53 ALEXANDRA GARDENS |
26 Jun 2023 | £251,041 | £248,000 | 58 QUEEN ALEXANDRA ROAD WEST |
7 Feb 2022 | £136,330 | £130,000 | 29 QUEEN ALEXANDRA ROAD WEST |
30 Sep 2021 | £377,157 | £350,000 | 71 ALEXANDRA GARDENS |
26 Jul 2021 | £143,658 | £125,000 | 11 QUEEN ALEXANDRA ROAD WEST |
This house has a floor area of 129 sq meters or 1,396 sq feet when measured on 6 May 2010. Using an estimated price of £389,714 means this house is valued at £3,003 per sq meter (£279 per sq foot).
The average size of a house on ALEXANDRA GARDENS is 117 sq meters (1,263 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Alexandra Gardens |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Alexandra Gardens |
Mar 2024 | Public order | Under investigation | On or near Queen Alexandra Road West |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Alexandra Road West |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Queen Alexandra Road West |