£114,480
This estimated value is based upon the latest sale price for the house of £24,000 on 3 Apr 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Sheridan Street
More crime details
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| Price Paid | Date |
|---|---|
| £24,000 | 3 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 April 1998 the House Price Index for TYNE AND WEAR was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £24,000 results in an estimated price of approximately £114,480.
| 3 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 149.7 | 377.002 % | £24,000 | £90,480 | £114,480 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 165.942 % | £39,826 | £63,826 |
| 3 Month Average | 191.419 % | £45,940 | £69,940 |
| 6 Month Average | 208.003 % | £49,920 | £73,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £71,092 | £70,000 | 12 KIMBERLEY STREET |
| 31 Mar 2023 | £83,393 | £82,000 | 34 MORTIMER STREET |
| 23 Mar 2023 | £183,057 | £180,000 | 49 ST LUKES TERRACE |
| 3 Mar 2023 | £33,560 | £33,000 | 26 EXETER STREET |
| 1 Mar 2023 | £69,155 | £68,000 | 26 MAFEKING STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Aug 2021. Using an estimated price of £114,480 means this house is valued at £2,160 per sq meter (£200 per sq foot).
There is one other house on the street which we know the size of, this is 4 SHERIDAN STREET it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Sheridan Street |
| Jun 2024 | Burglary | Under investigation | On or near Sheridan Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Sheridan Street |
| May 2024 | Criminal damage and arson | Under investigation | On or near Sheridan Street |
| May 2024 | Criminal damage and arson | Under investigation | On or near Sheridan Street |