£116,025
This estimated value is based upon the latest sale price for the house of £107,500 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £107,500 | 17 Dec 2021 |
| £125,000 | 23 Jul 2004 |
| £29,500 | 28 May 1999 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 661 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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £107,500 results in an estimated price of approximately £116,025.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £107,500 | £8,525 | £116,025 |
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 | 4.719 % | £5,072 | £112,572 |
| 3 Month Average | -1.411 % | £-1,517 | £105,982 |
| 6 Month Average | 5.510 % | £5,923 | £113,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £139,280 | £135,000 | 9 HAWARDEN CRESCENT |
| 3 Nov 2023 | £123,125 | £120,000 | 28 QUEENS CRESCENT |
| 1 Aug 2023 | £91,653 | £90,000 | 19 HAWARDEN CRESCENT |
| 23 Jun 2023 | £132,658 | £130,000 | 18 QUEENS CRESCENT |
| 17 Feb 2023 | £110,740 | £110,000 | 6 HAWARDEN CRESCENT |
This house has a floor area of 61 sq meters or 661 sq feet when measured on 7 Oct 2011. Using an estimated price of £116,026 means this house is valued at £1,888 per sq meter (£175 per sq foot).
The average size of a house on QUEENS CRESCENT is 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Oaklands Terrace |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaklands Terrace |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Wolseley Terrace |