£150,594
This estimated value is based upon the latest sale price for the house of £127,220 on 3 Aug 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 |
|---|---|
| £127,220 | 3 Aug 2020 |
| £115,000 | 7 Feb 2014 |
| £115,000 | 7 Feb 2014 |
| £118,000 | 13 Apr 2006 |
| £36,500 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £127,220 results in an estimated price of approximately £150,594.
| 3 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £127,220 | £23,374 | £150,594 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 200.000 % | £254,440 | £381,660 |
| 3 Month Average | -20.696 % | £-26,329 | £100,890 |
| 6 Month Average | -6.201 % | £-7,888 | £119,331 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 1 Nov 2013.
The average size of a house on ALEXANDRA GARDENS is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near King Edward Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Clifton Close |
| Mar 2024 | Anti-social behaviour | On or near Hexham Old Road | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Hexham Old Road |
| Mar 2024 | Other crime | Under investigation | On or near The Lonnen |