£168,340
This estimated value is based upon the latest sale price for the house of £30,000 on 6 Apr 1995. 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 Shipley Avenue
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| Price Paid | Date |
|---|---|
| £30,000 | 6 Apr 1995 |
| Semi-Detached |
| Freehold |
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 1995 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.137%.Applying this 461.137% change to the original purchase price of £30,000 results in an estimated price of approximately £168,340.
| 6 Apr 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.137 % | £30,000 | £138,340 | £168,340 |
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 | 284.551 % | £85,365 | £115,365 |
| 3 Month Average | 286.394 % | £85,918 | £115,918 |
| 6 Month Average | 294.450 % | £88,334 | £118,334 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shipley Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Shipley Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Shipley Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Shipley Avenue |
| Mar 2024 | Anti-social behaviour | On or near Shipley Avenue |