£77,942
This estimated value is based upon the latest sale price for the house of £62,000 on 20 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £62,000 | 20 Dec 2017 |
| £63,000 | 6 Aug 2004 |
| £27,500 | 10 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 734 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 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £62,000 results in an estimated price of approximately £77,942.
| 20 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £62,000 | £15,942 | £77,942 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 7.262 % | £4,502 | £66,502 |
| 3 Month Average | 17.913 % | £11,106 | £73,106 |
| 6 Month Average | 25.039 % | £15,524 | £77,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £356,233 | £350,000 | 21 GALSWORTHY ROAD |
| 14 Jul 2023 | £81,091 | £80,000 | 5 CRONIN AVENUE |
| 15 Sep 2022 | £91,759 | £92,500 | 22 KINGSLEY AVENUE |
| 1 Jul 2022 | £72,194 | £72,000 | 91 BUNYAN AVENUE |
| 21 Jun 2022 | £52,745 | £52,000 | 10 KINGSLEY AVENUE |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 18 Feb 2012. Using an estimated price of £77,943 means this house is valued at £1,142 per sq meter (£106 per sq foot).
The average size of a house on SHERIDAN ROAD is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Road |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Sheridan Road |