£155,499
This estimated value is based upon the latest sale price for the house of £108,000 on 6 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £108,000 | 6 Aug 2015 |
| £35,000 | 24 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £108,000 results in an estimated price of approximately £155,499.
| 6 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £108,000 | £47,499 | £155,499 |
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 | -10.880 % | £-11,749 | £96,250 |
| 3 Month Average | 0.494 % | £533 | £108,533 |
| 6 Month Average | 5.115 % | £5,523 | £113,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £113,891 | £111,000 | 74 SHERIFFS HIGHWAY |
| 13 Apr 2023 | £129,421 | £127,000 | 15 EVISTONES ROAD |
| 31 Mar 2023 | £142,378 | £140,000 | 39 SPRINGFIELD PLACE |
| 26 Jan 2023 | £120,321 | £120,000 | 48 BEVERLEY ROAD |
| 26 Aug 2022 | £110,517 | £110,000 | 70 BEVERLEY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Nov 2014. Using an estimated price of £155,499 means this house is valued at £1,808 per sq meter (£167 per sq foot).
The average size of a house on SHERIFFS HIGHWAY is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Prefect Place | |
| Jul 2024 | Public order | Under investigation | On or near Prefect Place |
| Jul 2024 | Anti-social behaviour | On or near Prefect Place | |
| Jul 2024 | Anti-social behaviour | On or near Prefect Place | |
| Jul 2024 | Anti-social behaviour | On or near Prefect Place |