£97,348
This estimated value is based upon the latest sale price for the house of £79,000 on 29 Nov 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 |
|---|---|
| £79,000 | 29 Nov 2018 |
| £72,000 | 7 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £79,000 results in an estimated price of approximately £97,348.
| 29 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £79,000 | £18,348 | £97,348 |
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 | -28.559 % | £-22,561 | £56,438 |
| 3 Month Average | 10.246 % | £8,094 | £87,094 |
| 6 Month Average | 24.086 % | £19,028 | £98,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £137,404 | £135,000 | 12 EDINBURGH SQUARE |
| 1 Sep 2023 | £138,774 | £137,000 | 26 SHAKESPEARE STREET |
| 31 Jul 2023 | £91,228 | £90,000 | 24 EDINBURGH SQUARE |
| 10 Mar 2023 | £68,142 | £67,500 | 26 BARDOLPH DRIVE |
| 23 Jan 2023 | £164,226 | £165,000 | 44 SHAKESPEARE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Feb 2013. Using an estimated price of £97,349 means this house is valued at £1,248 per sq meter (£115 per sq foot).
The average size of a house on SHAKESPEARE STREET is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Faber Road | |
| Mar 2024 | Drugs | Under investigation | On or near Lichfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lichfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lichfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scoresby Close |