£162,846
This estimated value is based upon the latest sale price for the house of £87,500 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£87,500 | 8 Apr 2005 |
£49,000 | 9 Jul 2003 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £87,500 results in an estimated price of approximately £162,846.
8 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.110 % | £87,500 | £75,346 | £162,846 |
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 | 22.458 % | £19,650 | £107,150 |
3 Month Average | 2.371 % | £2,074 | £89,574 |
6 Month Average | 3.698 % | £3,235 | £90,735 |
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 107 sq meters or 1,151 sq feet when measured on 30 Jul 2014. Using an estimated price of £162,846 means this house is valued at £1,521 per sq meter (£141 per sq foot).
The average size of a house on SHEPHERD STREET is 83 sq meters (896 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 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 |