£135,681
This estimated value is based upon the latest sale price for the house of £72,500 on 22 Feb 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,500 | 22 Feb 2005 |
| £14,000 | 8 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 February 2005 the House Price Index for TYNE AND WEAR was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £72,500 results in an estimated price of approximately £135,681.
| 22 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.6 | 87.147 % | £72,500 | £63,181 | £135,681 |
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 | 8.052 % | £5,837 | £78,337 |
| 3 Month Average | 42.609 % | £30,891 | £103,391 |
| 6 Month Average | 50.745 % | £36,790 | £109,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £138,000 | £138,000 | 78 BEVERLEY ROAD |
| 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 |
| 26 Jan 2023 | £119,437 | £120,000 | 48 BEVERLEY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Dec 2015. Using an estimated price of £135,682 means this house is valued at £1,911 per sq meter (£177 per sq foot).
The average size of a house on SHERIFFS HIGHWAY is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Durham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Old Durham Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Durham Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Prefect Place |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Prefect Place |