£178,886
This estimated value is based upon the latest sale price for the house of £77,000 on 16 Jul 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £77,000 | 16 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2003 the House Price Index for TYNE AND WEAR was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £77,000 results in an estimated price of approximately £178,886.
| 16 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £77,000 | £101,886 | £178,886 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 94.084 % | £72,444 | £149,444 |
| 3 Month Average | 127.335 % | £98,047 | £175,047 |
| 6 Month Average | 151.717 % | £116,822 | £193,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £111,425 | £110,000 | 44 HOYLE AVENUE |
| 29 Jul 2022 | £182,993 | £182,500 | 37 SHIPLEY AVENUE |
| 10 Aug 2021 | £175,152 | £157,000 | 18 SHIPLEY AVENUE |
| 30 Jun 2021 | £128,751 | £120,000 | 47 SHIPLEY AVENUE |
| 29 Sep 2020 | £148,423 | £125,000 | 4 HOYLE AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 Jan 2016. Using an estimated price of £178,887 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on SHIPLEY AVENUE is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Shipley Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shipley Avenue |
| Mar 2024 | Theft from the person | Under investigation | On or near Shipley Avenue |
| Mar 2024 | Anti-social behaviour | On or near Shipley Avenue | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Shipley Avenue |