£81,062
This estimated value is based upon the latest sale price for the house of £75,000 on 22 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£75,000 | 22 Apr 2022 |
£50,000 | 21 Nov 2019 |
£50,000 | 30 Oct 2009 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 April 2022 the House Price Index for TYNE AND WEAR was 96.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 8.083%.Applying this 8.083% change to the original purchase price of £75,000 results in an estimated price of approximately £81,062.
22 Apr 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.5 | 104.3 | 8.083 % | £75,000 | £6,062 | £81,062 |
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 | 36.176 % | £27,132 | £102,132 |
3 Month Average | 1.461 % | £1,096 | £76,096 |
6 Month Average | -1.403 % | £-1,052 | £73,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jan 2025 | £242,272 | £236,000 | 54 FLINT ROAD |
19 Dec 2024 | £247,596 | £240,000 | 71 CORNING ROAD |
30 Sep 2024 | £194,120 | £185,000 | 52 FLINT ROAD |
11 Sep 2024 | £47,218 | £45,000 | 14 SHEPHERD STREET |
1 Mar 2024 | £53,324 | £49,950 | 35 JOHN CANDLISH ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 5 Nov 2021. Using an estimated price of £81,062 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on SHEPHERD STREET is 83 sq meters (896 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Drugs | Under investigation | On or near Shepherd Street |
Mar 2025 | Other theft | Under investigation | On or near Shepherd Street |
Mar 2025 | Drugs | Investigation complete; no suspect identified | On or near Shepherd Street |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Thornbury Street |
Jan 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornbury Street |