£85,752
This estimated value is based upon the latest sale price for the house of £77,500 on 11 Oct 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £77,500 | 11 Oct 2021 |
| £44,000 | 22 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2021 the House Price Index for NORTHUMBERLAND was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £77,500 results in an estimated price of approximately £85,752.
| 11 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £77,500 | £8,252 | £85,752 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 149.854 % | £116,136 | £193,636 |
| 3 Month Average | -1.965 % | £-1,522 | £75,977 |
| 6 Month Average | -4.768 % | £-3,694 | £73,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £49,635 | £49,000 | 134 DISRAELI STREET |
| 18 Aug 2023 | £55,485 | £55,000 | 132 GLADSTONE STREET |
| 5 Jun 2023 | £50,613 | £50,000 | 112 GLADSTONE STREET |
| 31 Jan 2023 | £44,789 | £45,000 | 99 GLADSTONE STREET |
| 28 Sep 2022 | £27,776 | £28,000 | 145 SALISBURY STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 Oct 2015. Using an estimated price of £85,752 means this house is valued at £708 per sq meter (£65 per sq foot).
The average size of a house on GLADSTONE STREET is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaumont Street |
| Feb 2024 | Public order | Awaiting court outcome | On or near Beaumont Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Beaumont Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Street |
| Apr 2024 | Anti-social behaviour | On or near Gladstone Street |