£286,915
This estimated value is based upon the latest sale price for the house of £49,950 on 31 Aug 1995. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£49,950 | 31 Aug 1995 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 August 1995 the House Price Index for NORTHUMBERLAND was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £49,950 results in an estimated price of approximately £286,915.
31 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 149.7 | 474.405 % | £49,950 | £236,965 | £286,915 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 233.684 % | £116,724 | £166,674 |
3 Month Average | 219.392 % | £109,586 | £159,536 |
6 Month Average | 186.289 % | £93,051 | £143,001 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £87,762 | £87,000 | 39 BRIDGE TERRACE |
30 Oct 2023 | £112,556 | £110,000 | 31 RAVENSWORTH STREET |
6 Oct 2023 | £102,324 | £100,000 | 11 BRIDGE TERRACE |
21 Apr 2023 | £210,946 | £207,000 | 23 STAKEFORD ROAD |
16 Mar 2023 | £157,632 | £155,000 | 16 WEST VIEW |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 28 May 2014. Using an estimated price of £286,915 means this house is valued at £2,125 per sq meter (£197 per sq foot).
The average size of a house on STAKEFORD ROAD is 128 sq meters (1,385 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Liddles Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Liddles Street |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sports/Recreation Area |