£50,980
This estimated value is based upon the latest sale price for the house of £39,950 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£39,950 | 28 Apr 2017 |
£43,000 | 9 Sep 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 604 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 April 2017 the House Price Index for TYNE AND WEAR was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £39,950 results in an estimated price of approximately £50,980.
28 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 146.7 | 27.610 % | £39,950 | £11,030 | £50,980 |
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 | 2.757 % | £1,101 | £41,051 |
3 Month Average | 28.861 % | £11,530 | £51,480 |
6 Month Average | 38.839 % | £15,516 | £55,466 |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 5 Nov 2010.
The average size of a house on STANLEY STREET is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
Mar 2024 | Anti-social behaviour | On or near Stanley Street | |
Feb 2024 | Anti-social behaviour | On or near Stanley Street | |
Feb 2024 | Other theft | Under investigation | On or near Stanley Street |
Feb 2024 | Anti-social behaviour | On or near Stanley Street |