£101,369
This estimated value is based upon the latest sale price for the house of £95,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £95,000 | 17 Dec 2021 |
| £99,950 | 22 Oct 2010 |
| 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £95,000 results in an estimated price of approximately £101,369.
| 17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £95,000 | £6,369 | £101,369 |
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 | -21.898 % | £-20,802 | £74,197 |
| 3 Month Average | 23.949 % | £22,751 | £117,751 |
| 6 Month Average | 29.615 % | £28,134 | £123,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £186,005 | £185,000 | 18 ROSEWOOD GARDENS |
| 20 Jan 2023 | £218,084 | £220,000 | 12 EGREMONT DRIVE |
| 8 Jul 2022 | £159,784 | £160,000 | 85 SHERIFFS HIGHWAY |
| 17 Jun 2022 | £193,461 | £191,500 | 9 CHURCH ROAD |
| 29 Apr 2022 | £461,538 | £450,000 | 16 CHURCH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Aug 2020. Using an estimated price of £101,370 means this house is valued at £1,427 per sq meter (£132 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 Egremont Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Egremont Drive |
| Mar 2024 | Public order | Awaiting court outcome | On or near Egremont Drive |
| Feb 2024 | Burglary | Under investigation | On or near Egremont Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Egremont Gardens |