£232,436
This estimated value is based upon the latest sale price for the house of £87,499 on 9 Oct 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £87,499 | 9 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 October 2002 the House Price Index for TYNE AND WEAR was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £87,499 results in an estimated price of approximately £232,436.
| 9 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £87,499 | £144,937 | £232,436 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 275.130 % | £240,736 | £328,235 |
| 3 Month Average | 127.027 % | £111,147 | £198,646 |
| 6 Month Average | 112.261 % | £98,227 | £185,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £139,280 | £135,000 | 6 SHIELD STREET |
| 27 Oct 2023 | £283,949 | £277,500 | 56 CHESTER STREET |
| 27 Oct 2023 | £283,949 | £277,500 | 58 CHESTER STREET |
| 12 Sep 2023 | £186,102 | £182,000 | 19 CHESTER STREET |
| 7 Sep 2023 | £158,494 | £155,000 | 20 NAPIER STREET |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 18 Oct 2018. Using an estimated price of £232,437 means this house is valued at £6,836 per sq meter (£635 per sq foot).
The average size of a house on SHIELD STREET is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Barker Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barker Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Napier Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shield Street |
| Jul 2024 | Anti-social behaviour | On or near Shield Street |