£100,696
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£80,000 | 23 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 February 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £80,000 results in an estimated price of approximately £100,696.
23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £80,000 | £20,696 | £100,696 |
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 | 3.316 % | £2,652 | £82,652 |
3 Month Average | 28.175 % | £22,539 | £102,539 |
6 Month Average | 18.989 % | £15,191 | £95,191 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £153,724 | £149,000 | 7 MABEL STREET |
12 Dec 2023 | £146,502 | £142,000 | 27 THERESA STREET |
24 Aug 2023 | £116,094 | £114,000 | 18 THERESA STREET |
27 Jun 2023 | £115,311 | £113,000 | 16 MABEL STREET |
27 Jun 2023 | £102,045 | £100,000 | 8 THERESA STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Feb 2018. Using an estimated price of £100,697 means this house is valued at £1,274 per sq meter (£118 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 | Drugs | Under investigation | On or near East View |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |
Jul 2024 | Shoplifting | Under investigation | On or near Shopping Area |
Jul 2024 | Anti-social behaviour | On or near Shopping Area | |
Jul 2024 | Anti-social behaviour | On or near Shopping Area |