£233,906
This estimated value is based upon the latest sale price for the house of £230,000 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £230,000 | 17 Mar 2023 |
| £138,000 | 30 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £230,000 results in an estimated price of approximately £233,906.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £230,000 | £3,906 | £233,906 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 26.777 % | £61,587 | £291,587 |
| 3 Month Average | 23.110 % | £53,153 | £283,153 |
| 6 Month Average | 14.789 % | £34,014 | £264,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2024 | £230,000 | £230,000 | 109 APPLETREE GARDENS |
| 30 Aug 2024 | £185,000 | £185,000 | 8 STOTTS ROAD |
| 18 Dec 2023 | £242,450 | £235,000 | 7 LOGAN ROAD |
| 30 Nov 2023 | £259,589 | £253,000 | 8 YEWTREE GARDENS |
| 28 Apr 2023 | £249,670 | £245,000 | 15 LOGAN ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jun 2018. Using an estimated price of £233,906 means this house is valued at £2,598 per sq meter (£241 per sq foot).
The average size of a house on SHIELDS ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Yewtree Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Yewtree Gardens | |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peartree Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peartree Gardens |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Logan Road |