£153,498
This estimated value is based upon the latest sale price for the house of £149,500 on 20 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £149,500 | 20 May 2022 |
| £120,000 | 22 Jul 2016 |
| £152,000 | 31 Aug 2007 |
| £95,000 | 19 Sep 2003 |
| £59,950 | 5 Jul 1999 |
| £41,500 | 20 Mar 1998 |
| £37,000 | 11 Jul 1997 |
| £25,000 | 24 Jan 1997 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £149,500 results in an estimated price of approximately £153,498.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £149,500 | £3,998 | £153,498 |
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 | 78.815 % | £117,828 | £267,328 |
| 3 Month Average | 38.261 % | £57,200 | £206,700 |
| 6 Month Average | 26.888 % | £40,197 | £189,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £152,341 | £150,000 | 53 STRATFORD GROVE WEST |
| 18 Oct 2023 | £292,647 | £286,000 | 42 STRATFORD GROVE WEST |
| 2 Oct 2023 | £186,230 | £182,000 | 5 STRATFORD GROVE WEST |
| 18 Aug 2023 | £468,449 | £460,000 | 13 STRATFORD GROVE TERRACE |
| 22 Jun 2023 | £146,435 | £143,500 | 88 WARWICK STREET |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 25 Jul 2019. Using an estimated price of £153,499 means this house is valued at £1,289 per sq meter (£119 per sq foot).
The average size of a house on STRATFORD GROVE WEST is 80 sq meters (861 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 |