£97,519
This estimated value is based upon the latest sale price for the house of £52,000 on 14 Mar 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £52,000 | 14 Mar 2005 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 62 sq meters or 673 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 March 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £52,000 results in an estimated price of approximately £97,519.
| 14 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £52,000 | £45,519 | £97,519 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 114.657 % | £59,621 | £111,621 |
| 3 Month Average | 65.888 % | £34,261 | £86,261 |
| 6 Month Average | 55.484 % | £28,851 | £80,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £122,500 | £122,500 | 5 WORCESTER GREEN |
| 21 Dec 2023 | £135,153 | £131,000 | 46 AFFLECK STREET |
| 21 Dec 2023 | £118,646 | £115,000 | 11 WOODBINE TERRACE |
| 20 Dec 2023 | £57,775 | £56,000 | 33 CLAREMONT SOUTH AVENUE |
| 11 Oct 2023 | £122,789 | £120,000 | 25 VILLA PLACE |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 11 Dec 2008. Using an estimated price of £97,520 means this house is valued at £1,557 per sq meter (£144 per sq foot).
The average size of a house on ALEXANDRA ROAD is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Oct 2024 | Public order | Under investigation | On or near Claremont South Avenue |
| Sep 2024 | Anti-social behaviour | On or near Claremont South Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Claremont South Avenue |