£93,358
This estimated value is based upon the latest sale price for the house of £86,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,000 | 10 Sep 2021 |
| £78,000 | 22 Sep 2017 |
| £73,000 | 27 Aug 2009 |
| £40,000 | 22 May 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 769 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £86,000 results in an estimated price of approximately £93,358.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £86,000 | £7,358 | £93,358 |
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 | -34.437 % | £-29,615 | £56,384 |
| 3 Month Average | 6.956 % | £5,982 | £91,982 |
| 6 Month Average | 0.603 % | £518 | £86,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £119,903 | £117,500 | 6 TRINITY STREET |
| 13 Sep 2022 | £42,472 | £42,500 | 18 WILLIAM STREET WEST |
| 28 Jul 2022 | £73,234 | £72,500 | 2 PRUDHOE TERRACE |
| 26 Jun 2022 | £83,740 | £81,950 | RIPPON HALL, 42 STANLEY STREET WEST |
| 13 Dec 2021 | £227,734 | £211,000 | 45 STANLEY STREET WEST |
This house has a floor area of 71 sq meters or 769 sq feet when measured on 7 Aug 2009. Using an estimated price of £93,359 means this house is valued at £1,306 per sq meter (£121 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 |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street West |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stanley Street West |
| Jun 2024 | Anti-social behaviour | On or near Stanley Street West | |
| Jun 2024 | Anti-social behaviour | On or near Stanley Street West | |
| May 2024 | Criminal damage and arson | Awaiting court outcome | On or near Stanley Street West |