6, STRETTON WAY, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0JR - £100,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 STRETTON WAY is a small extended terraced house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £116,375. It was last sold for £100,000 in June 2021, which was around 39% below the average June 2021 terraced price in the North Tyneside local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

6 STRETTON WAY Sold Prices

Land registry data shows two sales for 6 STRETTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. One of the two 6 STRETTON WAY sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 JUN	£100,000	£162,833	39% below HPI
2007 24 APR	£151,000	£126,541	19% above HPI

6 STRETTON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The two 6 STRETTON WAY sales from April 2007 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 6 STRETTON WAY be worth now?

6 STRETTON WAY might now be worth an estimated £116,375.

This is based on house price inflation of 16.4%, between June 2021 and June 2025, for terraced houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 6 STRETTON WAY of £100,000 on 11th June 2021. For the value to have increased from £100,000 to £116,375 over the four years to June 2025, the following assumptions must hold true:

• The value of 6 STRETTON WAY has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The June 2021 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 6 STRETTON WAY has not materially changed since June 2021.

How Large is 6 STRETTON WAY?

6 STRETTON WAY is 124m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of terraced houses houses in Backworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Backworth, and where 6 STRETTON WAY lies on this distribution: 39% of terraced houses houses are smaller than 6 STRETTON WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Backworth.

6 STRETTON WAY: Plot and Title Map

6 STRETTON WAY sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 6 STRETTON WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 STRETTON WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 STRETTON WAY?

6 STRETTON WAY is located in BACKWORTH, in the NE27 postcode district. The below map shows the position of No. 6 on STRETTON WAY.