£160,389
This estimated value is based upon the latest sale price for the house of £43,500 on 20 Oct 2000. 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 |
|---|---|
| £43,500 | 20 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 October 2000 the House Price Index for TYNE AND WEAR was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £43,500 results in an estimated price of approximately £160,389.
| 20 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £43,500 | £116,889 | £160,389 |
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 | 244.398 % | £106,313 | £149,813 |
| 3 Month Average | 193.442 % | £84,147 | £127,647 |
| 6 Month Average | 198.380 % | £86,295 | £129,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £163,009 | £158,000 | 83 CLEVELAND ROAD |
| 5 Sep 2023 | £108,389 | £106,000 | 58 QUEENS CRESCENT |
| 29 Jun 2023 | £135,210 | £132,500 | 95 CLEVELAND ROAD |
| 16 Jun 2023 | £101,994 | £99,950 | 16 SYDENHAM TERRACE |
| 28 Apr 2023 | £185,979 | £182,500 | 111 CLEVELAND ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 12 Apr 2016. Using an estimated price of £160,390 means this house is valued at £1,062 per sq meter (£98 per sq foot).
The average size of a house on CLEVELAND ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Queen'S Crescent | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Queen'S Crescent |
| Jul 2024 | Anti-social behaviour | On or near Queen'S Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Queen'S Crescent | |
| Jul 2024 | Anti-social behaviour | On or near Queen'S Crescent |