£164,135
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Feb 2012. 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 |
|---|---|
| £95,000 | 27 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 February 2012 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £95,000 results in an estimated price of approximately £164,135.
| 27 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £95,000 | £69,135 | £164,135 |
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 | 103.902 % | £98,706 | £193,706 |
| 3 Month Average | 95.933 % | £91,136 | £186,136 |
| 6 Month Average | 60.982 % | £57,933 | £152,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £147,018 | £142,500 | 116 HOTSPUR STREET |
| 22 Jun 2023 | £146,435 | £143,500 | 88 WARWICK STREET |
| 4 Apr 2022 | £255,465 | £246,250 | 154 HOTSPUR STREET |
| 20 Aug 2021 | £151,723 | £135,000 | 113 HOTSPUR STREET |
| 6 Aug 2021 | £191,059 | £170,000 | 150 HOTSPUR STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 25 Feb 2019. Using an estimated price of £164,135 means this house is valued at £2,413 per sq meter (£224 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 | 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 |