£404,492
This estimated value is based upon the latest sale price for the house of £237,500 on 30 Aug 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £237,500 | 30 Aug 2012 |
| £80,000 | 3 May 1996 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 August 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £237,500 results in an estimated price of approximately £404,492.
| 30 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £237,500 | £166,992 | £404,492 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -35.101 % | £-83,365 | £154,134 |
| 3 Month Average | 8.862 % | £21,046 | £258,546 |
| 6 Month Average | 24.071 % | £57,168 | £294,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £324,809 | £320,000 | 44 SHIBDON ROAD |
| 18 Nov 2022 | £424,854 | £430,000 | 4 WOODLANDS PARK DRIVE |
| 26 Aug 2022 | £114,691 | £115,000 | 8 HIGH AXWELL |
| 22 Jul 2022 | £105,283 | £105,000 | 17 HIGH AXWELL |
| 22 Jun 2022 | £468,115 | £461,500 | 30 WOODLANDS PARK DRIVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 3 Apr 2012. Using an estimated price of £404,492 means this house is valued at £3,487 per sq meter (£323 per sq foot).
The average size of a house on SHIBDON PARK VIEW is 135 sq meters (1,454 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shibdon Park View |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shibdon Park View |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shibdon Park View |
| Mar 2024 | Possession of weapons | Under investigation | On or near Shibdon Park View |
| Mar 2024 | Public order | Under investigation | On or near Shibdon Park View |