£464,334
This estimated value is based upon the latest sale price for the house of £106,500 on 24 Jun 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £106,500 | 24 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 1999 the House Price Index for TYNE AND WEAR was 33.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 335.995%.Applying this 335.995% change to the original purchase price of £106,500 results in an estimated price of approximately £464,334.
| 24 Jun 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.0 | 335.995 % | £106,500 | £357,834 | £464,334 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 88.554 % | £94,310 | £200,810 |
| 3 Month Average | 173.138 % | £184,391 | £290,891 |
| 6 Month Average | 243.396 % | £259,217 | £365,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2022 | £170,239 | £173,000 | 1 WINDSOR CRESCENT |
| 12 Aug 2022 | £208,591 | £210,000 | 1 WOBURN WAY |
| 22 Jul 2022 | £134,818 | £135,000 | 26 ELLESMERE AVENUE |
| 6 May 2022 | £131,962 | £130,000 | 9 LILY TERRACE |
| 29 Apr 2022 | £120,000 | £117,000 | 353 STAMFORDHAM ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Nov 2019. Using an estimated price of £464,335 means this house is valued at £5,953 per sq meter (£553 per sq foot).
The average size of a house on STAMFORDHAM ROAD is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Stamfordham Road | |
| Mar 2024 | Anti-social behaviour | On or near Stamfordham Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stamfordham Road |
| Jan 2024 | Drugs | Under investigation | On or near Stamfordham Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stamfordham Road |