£46,003
This estimated value is based upon the latest sale price for the house of £37,500 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Milburn Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £37,500 | 12 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £37,500 results in an estimated price of approximately £46,003.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £37,500 | £8,503 | £46,003 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 6.092 % | £2,284 | £39,784 |
| 3 Month Average | -16.444 % | £-6,166 | £31,333 |
| 6 Month Average | 14.449 % | £5,418 | £42,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £55,485 | £55,000 | 85 PONT STREET |
| 14 Jul 2023 | £65,887 | £65,000 | 116 PONT STREET |
| 10 Mar 2023 | £68,142 | £67,500 | 255 SYCAMORE STREET |
| 10 Feb 2023 | £79,896 | £79,950 | 101A MILBURN ROAD |
| 18 Nov 2022 | £61,258 | £62,000 | 278 SYCAMORE STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Sep 2019. Using an estimated price of £46,004 means this house is valued at £489 per sq meter (£45 per sq foot).
The average size of a house on PONT STREET is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Milburn Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Milburn Road |
| Apr 2024 | Burglary | Under investigation | On or near Milburn Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Milburn Road |
| Apr 2024 | Anti-social behaviour | On or near Milburn Road |