£105,406
This estimated value is based upon the latest sale price for the house of £80,000 on 4 Nov 2016. 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 Stafford Villas
More crime details
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| Price Paid | Date |
|---|---|
| £80,000 | 4 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £80,000 results in an estimated price of approximately £105,406.
| 4 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £80,000 | £25,406 | £105,406 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -10.898 % | £-8,718 | £71,281 |
| 3 Month Average | 23.783 % | £19,026 | £99,026 |
| 6 Month Average | 23.026 % | £18,420 | £98,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £381,678 | £375,000 | SIMONSTONE STONEY LANE |
| 24 Nov 2023 | £152,254 | £150,000 | 3 VICTORIA TERRACE |
| 26 Sep 2023 | £214,746 | £212,000 | KIMBERLEY STAFFORD VILLAS |
| 30 Jun 2023 | £197,391 | £195,000 | 2 WESTFIELD CRESCENT |
| 23 Jun 2023 | £110,337 | £109,000 | 5 BELLE VIEW TERRACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 23 Jun 2016. Using an estimated price of £105,406 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on STONEY LANE is 107 sq meters (1,156 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stafford Villas |
| Feb 2024 | Anti-social behaviour | On or near Stafford Villas | |
| Feb 2024 | Anti-social behaviour | On or near Stafford Villas | |
| Feb 2024 | Anti-social behaviour | On or near Stafford Villas | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Grove |