£20,081
This estimated value is based upon the latest sale price for the house of £18,000 on 16 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£18,000 | 16 Aug 2021 |
£80,000 | 13 Oct 2005 |
£35,000 | 15 Dec 2000 |
Freehold |
Floor Area: 46 sq meters or 503 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 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £18,000 results in an estimated price of approximately £20,081.
16 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £18,000 | £2,081 | £20,081 |
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 | 42.177 % | £7,591 | £25,591 |
3 Month Average | 5.782 % | £1,040 | £19,040 |
6 Month Average | 3.856 % | £694 | £18,694 |
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 46 sq meters or 503 sq feet when measured on 21 Jan 2010. Using an estimated price of £20,081 means this house is valued at £429 per sq meter (£39 per sq foot).
The average size of a house on SHERIFF MOUNT NORTH is 70 sq meters (759 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (503 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Mafeking Street | |
Feb 2024 | Anti-social behaviour | On or near Mafeking Street | |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Causeway |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Gardens |
Mar 2024 | Burglary | Under investigation | On or near Methuen Street |