£53,101
This estimated value is based upon the latest sale price for the house of £42,000 on 10 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Shepherd Street
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| Price Paid | Date |
|---|---|
| £42,000 | 10 Jan 2018 |
| £35,000 | 20 Dec 2013 |
| £70,001 | 30 Jul 2004 |
| £45,000 | 21 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £42,000 results in an estimated price of approximately £53,101.
| 10 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £42,000 | £11,101 | £53,101 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 45.510 % | £19,114 | £61,114 |
| 3 Month Average | 26.048 % | £10,940 | £52,940 |
| 6 Month Average | 19.185 % | £8,057 | £50,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £50,729 | £49,950 | 35 JOHN CANDLISH ROAD |
| 1 Aug 2023 | £73,322 | £72,000 | 6 KINGS PLACE |
| 30 Jun 2023 | £73,472 | £72,000 | 23 SHEPHERD STREET |
| 17 Mar 2023 | £102,715 | £101,000 | 1 KINGS PLACE |
| 30 Jan 2023 | £46,123 | £46,000 | 2 KINGS TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Aug 2015. Using an estimated price of £53,102 means this house is valued at £689 per sq meter (£64 per sq foot).
The average size of a house on SHEPHERD STREET is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shepherd Street |
| Sep 2024 | Burglary | Under investigation | On or near Shepherd Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shepherd Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shepherd Street |
| Aug 2024 | Burglary | Under investigation | On or near Shepherd Street |