£10,162
This estimated value is based upon the latest sale price for the house of £8,500 on 26 Jun 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 |
|---|---|
| £8,500 | 26 Jun 2020 |
| £149,950 | 1 Jun 2012 |
| £161,000 | 17 Aug 2007 |
| £65,000 | 31 Aug 2001 |
| £29,995 | 20 Aug 1999 |
| Freehold |
| Floor Area: 91 sq meters or 987 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 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £8,500 results in an estimated price of approximately £10,162.
| 26 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £8,500 | £1,662 | £10,162 |
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 | 26.588 % | £2,259 | £10,759 |
| 3 Month Average | 50.628 % | £4,303 | £12,803 |
| 6 Month Average | 29.782 % | £2,531 | £11,031 |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 5 May 2009.
The average size of a house on STOCKTON ROAD is 96 sq meters (1,035 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (987 sq feet).