£237,600
This estimated value is based upon the latest sale price for the house of £185,000 on 26 Jul 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £185,000 | 26 Jul 2017 |
| £173,000 | 13 Apr 2006 |
| £66,000 | 29 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 July 2017 the House Price Index for NORTHUMBERLAND was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £185,000 results in an estimated price of approximately £237,600.
| 26 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £185,000 | £52,600 | £237,600 |
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 | -22.636 % | £-41,877 | £143,122 |
| 3 Month Average | 42.099 % | £77,883 | £262,883 |
| 6 Month Average | 21.917 % | £40,545 | £225,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £64,420 | £63,000 | 149 WENSLEYDALE TERRACE |
| 27 Mar 2023 | £142,378 | £140,000 | 25 WOLMER ROAD |
| 27 Mar 2023 | £140,344 | £138,000 | 12 CHAMBERLAIN STREET |
| 26 Jan 2023 | £125,335 | £125,000 | 19 WOLMER ROAD |
| 18 Nov 2022 | £74,651 | £75,000 | 122 SOLINGEN ESTATE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 14 Nov 2016. Using an estimated price of £237,600 means this house is valued at £1,365 per sq meter (£126 per sq foot).
The average size of a house on MATTHEW ROAD is 132 sq meters (1,420 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Matthew Road |
| Jun 2024 | Anti-social behaviour | On or near Matthew Road | |
| Jun 2024 | Anti-social behaviour | On or near Matthew Road | |
| May 2024 | Anti-social behaviour | On or near Matthew Road | |
| May 2024 | Anti-social behaviour | On or near Matthew Road |