£539,416
This estimated value is based upon the latest sale price for the house of £420,000 on 12 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Shibdon Way
More crime details
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| Price Paid | Date |
|---|---|
| £420,000 | 12 Jul 2017 |
| Detached |
| Freehold |
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 July 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £420,000 results in an estimated price of approximately £539,416.
| 12 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £420,000 | £119,416 | £539,416 |
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 | -15.429 % | £-64,803 | £355,196 |
| 3 Month Average | 14.549 % | £61,106 | £481,106 |
| 6 Month Average | 6.168 % | £25,904 | £445,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £397,205 | £385,000 | 5 CLAVERING WAY |
| 11 Aug 2023 | £361,520 | £355,000 | 19 WESTERN WAY |
| 3 Aug 2023 | £469,467 | £461,000 | 4A SHIBDON WAY |
| 22 Jun 2023 | £420,745 | £412,313 | 90 SHIBDON ROAD |
| 13 Jan 2023 | £436,165 | £435,000 | 58 SHIBDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Shibdon Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Napier Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Axwell Park Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Axwell Park Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Western Way |