£157,765
This estimated value is based upon the latest sale price for the house of £133,500 on 5 Oct 2020. 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 |
|---|---|
| £133,500 | 5 Oct 2020 |
| £169,995 | 31 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £133,500 results in an estimated price of approximately £157,765.
| 5 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £133,500 | £24,265 | £157,765 |
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 | 0.048 % | £63 | £133,563 |
| 3 Month Average | 33.934 % | £45,301 | £178,801 |
| 6 Month Average | 26.308 % | £35,121 | £168,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £58,905 | £58,000 | 129 CHIRTON WEST VIEW |
| 3 Nov 2023 | £66,693 | £65,000 | 53 STORMONT STREET |
| 21 Aug 2023 | £122,204 | £120,000 | 99 CHIRTON WEST VIEW |
| 30 Jun 2023 | £93,881 | £92,000 | 142 CHIRTON WEST VIEW |
| 23 Mar 2023 | £145,937 | £143,500 | 5 HENRY STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Feb 2020. Using an estimated price of £157,766 means this house is valued at £2,103 per sq meter (£195 per sq foot).
The average size of a house on STORMONT STREET is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stormont Street |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Stormont Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Stormont Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Heights |
| Oct 2024 | Anti-social behaviour | On or near Hylton Street |