£152,836
This estimated value is based upon the latest sale price for the house of £124,950 on 29 May 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 |
---|---|
£124,950 | 29 May 2020 |
£96,000 | 11 Mar 2011 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 619 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 May 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £124,950 results in an estimated price of approximately £152,836.
29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £124,950 | £27,886 | £152,836 |
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 | 36.067 % | £45,065 | £170,015 |
3 Month Average | 38.264 % | £47,811 | £172,761 |
6 Month Average | 40.269 % | £50,316 | £175,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £50,682 | £50,000 | 41 STANLEY STREET WEST |
7 Jul 2023 | £57,271 | £56,500 | 9B WILLIAM STREET WEST |
23 Jun 2023 | £101,226 | £100,000 | 14 WILLIAM STREET WEST |
7 Jun 2023 | £118,941 | £117,500 | 6 TRINITY STREET |
13 Sep 2022 | £42,160 | £42,500 | 18 WILLIAM STREET WEST |
This house has a floor area of 57 sq meters or 619 sq feet when measured on 11 Nov 2010. Using an estimated price of £152,836 means this house is valued at £2,654 per sq meter (£246 per sq foot).
The average size of a house on STANLEY STREET WEST is 102 sq meters (1,104 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Awaiting court outcome | On or near Stanley Street West |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Street West |
Apr 2024 | Anti-social behaviour | On or near Prudhoe Street Back | |
Mar 2024 | Anti-social behaviour | On or near Prudhoe Street Back | |
Mar 2024 | Anti-social behaviour | On or near Prudhoe Street Back |