£328,334
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Nov 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 |
|---|---|
| £320,000 | 28 Nov 2023 |
| £61,000 | 22 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 946 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 November 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £320,000 results in an estimated price of approximately £328,334.
| 28 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £320,000 | £8,334 | £328,334 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 67.141 % | £214,852 | £534,852 |
| 3 Month Average | -5.448 % | £-17,434 | £302,565 |
| 6 Month Average | 4.358 % | £13,944 | £333,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £479,161 | £475,000 | 5 ASHLEIGH CLOSE |
| 18 Dec 2023 | £402,364 | £390,000 | 16 BERKLEY AVENUE |
| 28 Nov 2023 | £328,334 | £320,000 | 44 SHIBDON ROAD |
| 18 Nov 2022 | £427,999 | £430,000 | 4 WOODLANDS PARK DRIVE |
| 28 Jul 2022 | £384,856 | £381,000 | 4 ASHLEIGH CLOSE |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 8 Dec 2008. Using an estimated price of £328,334 means this house is valued at £3,732 per sq meter (£346 per sq foot).
The average size of a house on SHIBDON ROAD is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Awaiting court outcome | On or near Shibdon Road |
| Sep 2024 | Drugs | Under investigation | On or near Shibdon Park View |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shibdon Park View |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Shibdon Park View |
| Aug 2024 | Public order | Under investigation | On or near Shibdon Park View |