£102,545
This estimated value is based upon the latest sale price for the house of £83,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £83,000 | 14 Jun 2019 |
| £83,000 | 31 May 2019 |
| £87,950 | 28 Apr 2011 |
| £105,500 | 6 Oct 2006 |
| £85,500 | 28 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHUMBERLAND to estimate the market value.
When this house was purchased in June 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £83,000 results in an estimated price of approximately £102,545.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £83,000 | £19,545 | £102,545 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -8.073 % | £-6,700 | £76,299 |
| 3 Month Average | 3.978 % | £3,301 | £86,301 |
| 6 Month Average | 38.933 % | £32,314 | £115,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £91,603 | £90,000 | 25 NORTHUMBERLAND AVENUE |
| 27 Nov 2023 | £41,616 | £41,000 | 8 RIDGE TERRACE |
| 1 Aug 2023 | £80,706 | £80,000 | 35 DEANERY STREET |
| 3 Jul 2023 | £76,023 | £75,000 | 15 BURDON TERRACE |
| 20 Oct 2022 | £79,642 | £80,500 | 9 BISHOPS MEADOW |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 3 Mar 2010. Using an estimated price of £102,545 means this house is valued at £1,405 per sq meter (£130 per sq foot).
The average size of a house on NORTH RIDGE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Avenue |
| Mar 2024 | Public order | Under investigation | On or near B1331 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B1331 |
| Jan 2024 | Public order | Under investigation | On or near B1331 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B1331 |