£160,296
This estimated value is based upon the latest sale price for the house of £135,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £135,000 | 4 Sep 2020 |
| £26,100 | 16 Oct 1998 |
| Terraced |
| Freehold |
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 September 2020 the House Price Index for NORTHUMBERLAND was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £135,000 results in an estimated price of approximately £160,296.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £135,000 | £25,296 | £160,296 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 41.062 % | £55,433 | £190,433 |
| 3 Month Average | 64.335 % | £86,852 | £221,852 |
| 6 Month Average | 43.466 % | £58,679 | £193,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £95,838 | £95,000 | 7 THE OLD CORN EXCHANGE SANDGATE |
| 28 Feb 2023 | £89,939 | £90,000 | 16 THE OLD CORN EXCHANGE SANDGATE |
| 15 Jul 2022 | £85,229 | £85,000 | 26 FOUL FORD |
| 6 Jul 2022 | £254,686 | £254,000 | 31 PALACE STREET |
| 31 May 2022 | £430,104 | £422,000 | THE MERCHANTS HOUSE, 14 PALACE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palace Street |
| Jan 2024 | Public order | Under investigation | On or near Foul Ford |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drivers Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sandgate |
| Jan 2024 | Anti-social behaviour | On or near Sandgate |