£212,128
This estimated value is based upon the latest sale price for the house of £112,000 on 7 Jan 2005. 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 Stratford Road
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| Price Paid | Date |
|---|---|
| £112,000 | 7 Jan 2005 |
| £130,000 | 5 Aug 2004 |
| £72,000 | 22 Aug 2002 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2005 the House Price Index for TYNE AND WEAR was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £112,000 results in an estimated price of approximately £212,128.
| 7 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £112,000 | £100,128 | £212,128 |
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 | 123.072 % | £137,840 | £249,840 |
| 3 Month Average | 123.073 % | £137,841 | £249,841 |
| 6 Month Average | 79.893 % | £89,479 | £201,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £373,241 | £370,000 | 24 STRATFORD ROAD |
| 14 Apr 2023 | £117,192 | £115,000 | 71 STRATFORD ROAD |
| 21 Mar 2023 | £128,648 | £126,500 | 73 STRATFORD ROAD |
| 24 Mar 2022 | £177,469 | £170,000 | 130 MOWBRAY STREET |
| 25 Feb 2022 | £111,351 | £105,400 | 164 WARWICK STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Aug 2019. Using an estimated price of £212,128 means this house is valued at £2,866 per sq meter (£266 per sq foot).
The average size of a house on HOTSPUR STREET is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Stratford Road |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Stratford Road |
| Oct 2024 | Anti-social behaviour | On or near Stratford Road | |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Stratford Road |
| Oct 2024 | Anti-social behaviour | On or near Stratford Road |