£72,882
This estimated value is based upon the latest sale price for the house of £72,000 on 30 Jun 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 |
|---|---|
| £72,000 | 30 Jun 2023 |
| £56,000 | 15 Apr 2011 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 661 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 June 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £72,000 results in an estimated price of approximately £72,882.
| 30 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £72,000 | £882 | £72,882 |
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 | -7.201 % | £-5,184 | £66,815 |
| 3 Month Average | -10.231 % | £-7,366 | £64,633 |
| 6 Month Average | -1.000 % | £-720 | £71,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £49,950 | £49,950 | 35 JOHN CANDLISH ROAD |
| 1 Aug 2023 | £72,635 | £72,000 | 6 KINGS PLACE |
| 30 Jun 2023 | £72,883 | £72,000 | 23 SHEPHERD STREET |
| 17 Mar 2023 | £101,961 | £101,000 | 1 KINGS PLACE |
| 4 Jul 2022 | £165,445 | £165,000 | 50 FLINT ROAD |
This house has a floor area of 61 sq meters or 661 sq feet when measured on 18 Jul 2011. Using an estimated price of £72,883 means this house is valued at £1,185 per sq meter (£110 per sq foot).
The average size of a house on SHEPHERD STREET is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Shepherd Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shepherd Street |
| Jan 2024 | Anti-social behaviour | On or near Shepherd Street | |
| Jan 2024 | Anti-social behaviour | On or near Shepherd Street | |
| Jan 2024 | Anti-social behaviour | On or near Shepherd Street |