£336,879
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Nov 2014 |
| £185,000 | 29 Apr 2008 |
| £90,000 | 14 Mar 2003 |
| £40,000 | 15 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2014 the House Price Index for NORTHUMBERLAND was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £225,000 results in an estimated price of approximately £336,879.
| 14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £225,000 | £111,879 | £336,879 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | -20.000 % | £-45,000 | £180,000 |
| 3 Month Average | -29.438 % | £-66,235 | £158,764 |
| 6 Month Average | 0.245 % | £550 | £225,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £178,116 | £175,000 | 1 QUEENS ROAD |
| 15 Sep 2023 | £202,590 | £200,000 | 23 CHURCH STREET |
| 15 Sep 2023 | £288,691 | £285,000 | 26 GLENDALE ROAD |
| 23 Feb 2023 | £209,859 | £210,000 | 7 TANKERVILLE TERRACE |
| 10 Nov 2022 | £214,897 | £217,500 | MILLYARD COTTAGE SOUTH ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 11 Oct 2013. Using an estimated price of £336,880 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on VICTORIA ROAD is 136 sq meters (1,464 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Queen'S Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Queen'S Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottage Road |