£147,558
This estimated value is based upon the latest sale price for the house of £93,000 on 1 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,000 | 1 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 670 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £93,000 results in an estimated price of approximately £147,558.
| 1 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £93,000 | £54,558 | £147,558 |
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 | 6.826 % | £6,347 | £99,347 |
| 3 Month Average | 27.745 % | £25,802 | £118,802 |
| 6 Month Average | 42.855 % | £39,855 | £132,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £122,137 | £120,000 | 5 SAVILLE STREET WEST |
| 1 Nov 2023 | £104,040 | £102,500 | 57 TRINITY STREET |
| 7 Jul 2023 | £57,271 | £56,500 | 9B WILLIAM STREET WEST |
| 6 Jul 2023 | £518,980 | £511,995 | 97 - 98 BEDFORD STREET |
| 5 Jul 2022 | £17,547 | £17,500 | 92 - 93 BEDFORD STREET |
This house has a floor area of 62 sq meters or 670 sq feet when measured on 3 Sep 2009. Using an estimated price of £147,558 means this house is valued at £2,368 per sq meter (£220 per sq foot).
The average size of a house on STANLEY STREET is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
| Mar 2024 | Anti-social behaviour | On or near Stanley Street | |
| Mar 2024 | Anti-social behaviour | On or near Stanley Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
| Feb 2024 | Anti-social behaviour | On or near Stanley Street |