£186,229
This estimated value is based upon the latest sale price for the house of £182,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £182,000 | 2 Oct 2023 |
| £155,000 | 10 Sep 2018 |
| £138,000 | 28 Aug 2015 |
| £120,000 | 14 May 2010 |
| £92,000 | 2 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 812 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 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £182,000 results in an estimated price of approximately £186,229.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £182,000 | £4,229 | £186,229 |
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 | 63.799 % | £116,114 | £298,114 |
| 3 Month Average | 8.906 % | £16,208 | £198,208 |
| 6 Month Average | 7.086 % | £12,897 | £194,897 |
| 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 75 sq meters or 812 sq feet when measured on 2 Feb 2010. Using an estimated price of £186,230 means this house is valued at £2,466 per sq meter (£229 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 |