£75,277
This estimated value is based upon the latest sale price for the house of £62,500 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £62,500 | 25 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £62,500 results in an estimated price of approximately £75,277.
| 25 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £62,500 | £12,777 | £75,277 |
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 | -2.012 % | £-1,257 | £61,242 |
| 3 Month Average | 8.941 % | £5,588 | £68,088 |
| 6 Month Average | 17.102 % | £10,688 | £73,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £77,142 | £76,000 | 6 SHERIFF MOUNT NORTH |
| 29 Sep 2023 | £54,699 | £54,000 | 30 KITCHENER STREET |
| 28 Sep 2023 | £57,738 | £57,000 | 9 SHERIFF MOUNT NORTH |
| 21 Jul 2023 | £81,091 | £80,000 | 33 BADEN POWELL STREET |
| 6 Jun 2023 | £93,128 | £92,000 | 29 BADEN POWELL STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 29 Oct 2013. Using an estimated price of £75,277 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on SHERIFF MOUNT NORTH is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Causeway |
| Feb 2024 | Anti-social behaviour | On or near Mafeking Street | |
| Feb 2024 | Anti-social behaviour | On or near Mafeking Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grange Terrace |