£246,564
This estimated value is based upon the latest sale price for the house of £156,000 on 29 Aug 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 |
|---|---|
| £156,000 | 29 Aug 2007 |
| £49,000 | 12 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 August 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £156,000 results in an estimated price of approximately £246,564.
| 29 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £156,000 | £90,564 | £246,564 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 67.627 % | £105,497 | £261,497 |
| 3 Month Average | 59.531 % | £92,868 | £248,868 |
| 6 Month Average | 34.200 % | £53,352 | £209,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £152,341 | £150,000 | 53 STRATFORD GROVE WEST |
| 18 Oct 2023 | £292,647 | £286,000 | 42 STRATFORD GROVE WEST |
| 2 Oct 2023 | £186,230 | £182,000 | 5 STRATFORD GROVE WEST |
| 22 Jun 2023 | £146,435 | £143,500 | 88 WARWICK STREET |
| 20 May 2022 | £153,499 | £149,500 | 41 STRATFORD GROVE WEST |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Jun 2018. Using an estimated price of £246,565 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on WARWICK STREET is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Stratford Grove West | |
| Nov 2024 | Anti-social behaviour | On or near Stratford Grove West | |
| Nov 2024 | Anti-social behaviour | On or near Stratford Grove West | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stratford Grove West |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stratford Grove West |