£110,519
This estimated value is based upon the latest sale price for the house of £69,000 on 30 May 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Stanley Street
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| Price Paid | Date |
|---|---|
| £69,000 | 30 May 2008 |
| £79,995 | 14 Jun 2005 |
| £100,000 | 11 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 674 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 2008 the House Price Index for TYNE AND WEAR was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £69,000 results in an estimated price of approximately £110,519.
| 30 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £69,000 | £41,519 | £110,519 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 60.201 % | £41,538 | £110,538 |
| 3 Month Average | 36.425 % | £25,133 | £94,133 |
| 6 Month Average | 21.589 % | £14,896 | £83,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £102,605 | £100,000 | 82 NORTHUMBERLAND TERRACE |
| 27 Jun 2023 | £61,227 | £60,000 | 78 NORTHUMBERLAND TERRACE |
| 12 Jun 2023 | £93,881 | £92,000 | 8 BURN TERRACE |
| 14 Apr 2023 | £163,050 | £160,000 | 63 NORTHUMBERLAND TERRACE |
| 3 Feb 2023 | £55,370 | £55,000 | 67 STANLEY STREET |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 11 May 2011. Using an estimated price of £110,520 means this house is valued at £1,764 per sq meter (£163 per sq foot).
The average size of a house on STANLEY STREET is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street |
| Jul 2024 | Burglary | Under investigation | On or near Stanley Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street |