£106,763
This estimated value is based upon the latest sale price for the house of £61,750 on 24 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£61,750 | 24 Jul 2006 |
£36,000 | 3 Mar 2004 |
£15,500 | 9 Jun 2000 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 July 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £61,750 results in an estimated price of approximately £106,763.
24 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £61,750 | £45,013 | £106,763 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 56.732 % | £35,032 | £96,782 |
3 Month Average | 16.589 % | £10,243 | £71,993 |
6 Month Average | 7.876 % | £4,863 | £66,613 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £81,425 | £80,000 | 49 ETHEL TERRACE |
24 Nov 2023 | £126,878 | £125,000 | 89 CASTLE VIEW |
3 Aug 2023 | £90,794 | £90,000 | 23 ALDER STREET |
21 Jul 2023 | £84,132 | £83,000 | 5 ELIZABETH STREET |
7 Jun 2023 | £65,797 | £65,000 | 9 ALDER STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 4 Nov 2019. Using an estimated price of £106,764 means this house is valued at £1,906 per sq meter (£177 per sq foot).
The average size of a house on SHEPPARD TERRACE is 94 sq meters (1,014 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Elizabeth Street | |
Mar 2024 | Shoplifting | Under investigation | On or near Elizabeth Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elizabeth Street |
Jan 2024 | Shoplifting | Awaiting court outcome | On or near Elizabeth Street |
Jan 2024 | Shoplifting | Awaiting court outcome | On or near Elizabeth Street |