£47,748
This estimated value is based upon the latest sale price for the house of £38,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£38,000 | 18 May 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £38,000 results in an estimated price of approximately £47,748.
18 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £38,000 | £9,748 | £47,748 |
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 | -20.522 % | £-7,798 | £30,201 |
3 Month Average | 23.309 % | £8,857 | £46,857 |
6 Month Average | 23.060 % | £8,762 | £46,762 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jul 2024 | £77,500 | £77,500 | 4 NILE STREET |
1 Dec 2023 | £123,804 | £120,000 | 5 SAVILLE STREET WEST |
1 Nov 2023 | £105,170 | £102,500 | 57 TRINITY STREET |
5 Jul 2022 | £17,677 | £17,500 | 92 - 93 BEDFORD STREET |
4 May 2022 | £63,915 | £62,250 | 81 RUDYERD STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 20 Mar 2018. Using an estimated price of £47,749 means this house is valued at £884 per sq meter (£82 per sq foot).
The average size of a house on STANLEY STREET is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Stanley Street | |
Jun 2024 | Anti-social behaviour | On or near Stanley Street | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Street |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Rudyerd Street |