£330,178
This estimated value is based upon the latest sale price for the house of £167,000 on 4 Jun 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £167,000 | 4 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,207 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 June 2004 the House Price Index for TYNE AND WEAR was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £167,000 results in an estimated price of approximately £330,178.
| 4 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £167,000 | £163,178 | £330,178 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | 117.737 % | £196,621 | £363,621 |
| 3 Month Average | 74.677 % | £124,711 | £291,711 |
| 6 Month Average | 76.324 % | £127,461 | £294,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £396,945 | £390,000 | 16 BERKLEY AVENUE |
| 11 Dec 2023 | £391,856 | £385,000 | 5 CLAVERING WAY |
| 11 Aug 2023 | £358,133 | £355,000 | 19 WESTERN WAY |
| 27 Jul 2023 | £357,309 | £352,500 | 5 NAPIER WAY |
| 22 Jun 2023 | £417,369 | £412,313 | 90 SHIBDON ROAD |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 7 Jul 2011. Using an estimated price of £330,179 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on SHIBDON ROAD is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clavering Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shibdon Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shibdon Road |
| Mar 2024 | Anti-social behaviour | On or near Bates Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bates Lane |