£202,981
This estimated value is based upon the latest sale price for the house of £163,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£163,000 | 3 May 2019 |
£141,500 | 3 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 896 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £163,000 results in an estimated price of approximately £202,981.
3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £163,000 | £39,981 | £202,981 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -20.694 % | £-33,731 | £129,268 |
3 Month Average | 8.115 % | £13,227 | £176,227 |
6 Month Average | 3.990 % | £6,504 | £169,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £203,121 | £200,000 | 3 HALL PARK |
19 Dec 2023 | £242,445 | £234,995 | 30 STELLA HALL DRIVE |
11 Dec 2023 | £206,340 | £200,000 | 11 PARKLAND |
24 Nov 2023 | £159,037 | £155,000 | 7 THE RISE |
3 Nov 2023 | £174,428 | £170,000 | 8 TEMPEST STREET |
This house has a floor area of 83 sq meters or 896 sq feet when measured on 23 Jan 2011. Using an estimated price of £202,982 means this house is valued at £2,435 per sq meter (£226 per sq foot).
The average size of a house on STELLA HALL DRIVE is 92 sq meters (996 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near The Rise | |
Jun 2024 | Anti-social behaviour | On or near The Rise | |
May 2024 | Violence and sexual offences | Under investigation | On or near Cowan Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Stella Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stella Lane |