£196,720
This estimated value is based upon the latest sale price for the house of £35,000 on 20 Jan 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £35,000 | 20 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 January 1995 the House Price Index for TYNE AND WEAR was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.059%.Applying this 462.059% change to the original purchase price of £35,000 results in an estimated price of approximately £196,720.
| 20 Jan 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.059 % | £35,000 | £161,720 | £196,720 |
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 | 226.477 % | £79,267 | £114,267 |
| 3 Month Average | 341.074 % | £119,376 | £154,376 |
| 6 Month Average | 305.433 % | £106,901 | £141,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £157,500 | £157,500 | 119 QUEEN ALEXANDRA ROAD |
| 14 Dec 2023 | £252,767 | £245,000 | 108 QUEEN ALEXANDRA ROAD |
| 17 Nov 2023 | £122,099 | £119,000 | 27 BALMORAL GARDENS |
| 26 Jun 2023 | £313,278 | £307,000 | 3 CAMPVILLE |
| 5 Apr 2023 | £148,273 | £145,500 | 146 QUEEN ALEXANDRA ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Dec 2019. Using an estimated price of £196,721 means this house is valued at £4,098 per sq meter (£380 per sq foot).
The average size of a house on OSBORNE GARDENS is 127 sq meters (1,375 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Windsor Gardens |
| Oct 2024 | Vehicle crime | Under investigation | On or near Balmoral Gardens |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Balmoral Gardens |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Balmoral Gardens |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balmoral Gardens |