£55,593
This estimated value is based upon the latest sale price for the house of £45,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£45,000 | 1 Oct 2019 |
£87,950 | 27 Apr 2007 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £45,000 results in an estimated price of approximately £55,593.
1 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £45,000 | £10,593 | £55,593 |
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 | 2.916 % | £1,312 | £46,312 |
3 Month Average | -2.836 % | £-1,276 | £43,723 |
6 Month Average | -8.816 % | £-3,967 | £41,032 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2024 | £57,000 | £57,000 | 86 PORTIA STREET |
12 Mar 2024 | £30,468 | £30,000 | 102 KATHERINE STREET |
15 Sep 2023 | £63,909 | £62,500 | 101 KATHERINE STREET |
10 Oct 2022 | £65,382 | £65,600 | 88 BEATRICE STREET |
23 May 2022 | £49,284 | £48,000 | 85 BEATRICE STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 30 May 2020. Using an estimated price of £55,593 means this house is valued at £597 per sq meter (£55 per sq foot).
The average size of a house on KATHERINE STREET is 107 sq meters (1,152 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Third Avenue | |
Jul 2024 | Other theft | Under investigation | On or near Third Avenue |
Jul 2024 | Other theft | Under investigation | On or near Third Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
Jun 2024 | Other theft | Under investigation | On or near Third Avenue |