£73,335
This estimated value is based upon the latest sale price for the house of £54,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£54,000 | 17 Mar 2017 |
£50,000 | 10 Feb 2005 |
Terraced |
Leasehold |
Floor Area: 70 sq meters or 753 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 March 2017 the House Price Index for TYNE AND WEAR was 76.8.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 35.807%.Applying this 35.807% change to the original purchase price of £54,000 results in an estimated price of approximately £73,335.
17 Mar 2017 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.8 | 104.3 | 35.807 % | £54,000 | £19,335 | £73,335 |
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 | 24.587 % | £13,277 | £67,277 |
3 Month Average | 56.816 % | £30,680 | £84,680 |
6 Month Average | 48.433 % | £26,154 | £80,154 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2024 | £182,602 | £177,000 | 6 COACH LANE |
28 Mar 2024 | £61,918 | £58,000 | 129 CHIRTON WEST VIEW |
3 Nov 2023 | £69,462 | £65,000 | 53 STORMONT STREET |
30 Jun 2023 | £97,417 | £92,000 | 142 CHIRTON WEST VIEW |
23 Mar 2023 | £151,642 | £143,500 | 5 HENRY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Aug 2021. Using an estimated price of £73,336 means this house is valued at £1,047 per sq meter (£97 per sq foot).
The average size of a house on STORMONT STREET is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Awaiting court outcome | On or near Hylton Street |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Henry Street |
Feb 2025 | Other crime | Under investigation | On or near Henry Street |
Jan 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hylton Street |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Hylton Street |