£96,584
This estimated value is based upon the latest sale price for the house of £92,100 on 24 Feb 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 |
|---|---|
| £92,100 | 24 Feb 2022 |
| £94,000 | 11 Jan 2008 |
| £27,000 | 23 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £92,100 results in an estimated price of approximately £96,584.
| 24 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £92,100 | £4,484 | £96,584 |
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 | 14.963 % | £13,780 | £105,880 |
| 3 Month Average | -5.547 % | £-5,108 | £86,991 |
| 6 Month Average | 0.240 % | £220 | £92,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £116,489 | £115,000 | 120 STAMFORDHAM ROAD |
| 4 Jul 2023 | £149,005 | £147,000 | 135 STAMFORDHAM ROAD |
| 14 Jun 2023 | £83,005 | £82,000 | 34 BAVINGTON DRIVE |
| 14 Jun 2023 | £71,871 | £71,000 | 30 BAVINGTON DRIVE |
| 10 Feb 2023 | £88,940 | £89,000 | 14 BAVINGTON DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 8 Jul 2021. Using an estimated price of £96,585 means this house is valued at £1,583 per sq meter (£147 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 | Violence and sexual offences | Under investigation | On or near Brookside Crescent |
| Mar 2024 | Other theft | Under investigation | On or near Yewvale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottage Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottage Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottage Lane |