£128,473
This estimated value is based upon the latest sale price for the house of £103,000 on 23 May 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 |
|---|---|
| £103,000 | 23 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £103,000 results in an estimated price of approximately £128,473.
| 23 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £103,000 | £25,473 | £128,473 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -15.364 % | £-15,824 | £87,175 |
| 3 Month Average | -1.777 % | £-1,829 | £101,170 |
| 6 Month Average | 0.775 % | £798 | £103,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £112,668 | £111,000 | 74 SHERIFFS HIGHWAY |
| 18 Aug 2023 | £93,821 | £93,000 | 42 SPRINGFIELD PLACE |
| 31 Mar 2023 | £141,332 | £140,000 | 39 SPRINGFIELD PLACE |
| 20 Jan 2023 | £218,969 | £220,000 | 12 EGREMONT DRIVE |
| 11 Nov 2022 | £127,456 | £129,000 | 17 BEVERLEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Sep 2017. Using an estimated price of £128,474 means this house is valued at £1,759 per sq meter (£163 per sq foot).
The average size of a house on SHERIFFS HIGHWAY is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sheriffs Highway |
| Jan 2024 | Anti-social behaviour | On or near Sheriffs Highway | |
| Jan 2024 | Anti-social behaviour | On or near Sheriffs Highway | |
| Jan 2024 | Anti-social behaviour | On or near Sheriffs Highway | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fosse Terrace |