£216,072
This estimated value is based upon the latest sale price for the house of £127,500 on 8 Aug 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Farquhar Street
More crime details
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| Price Paid | Date |
|---|---|
| £127,500 | 8 Aug 2006 |
| £174,000 | 31 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2006 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.469%.Applying this 69.469% change to the original purchase price of £127,500 results in an estimated price of approximately £216,072.
| 8 Aug 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.469 % | £127,500 | £88,572 | £216,072 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 0.798 % | £1,017 | £128,517 |
| 3 Month Average | -3.180 % | £-4,054 | £123,445 |
| 6 Month Average | 18.378 % | £23,431 | £150,931 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Dec 2018.
The average size of a house on SHORTRIDGE TERRACE is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Farquhar Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farquhar Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Farquhar Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farquhar Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farquhar Street |