£69,035
This estimated value is based upon the latest sale price for the house of £40,000 on 15 Apr 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 15 Apr 2011 |
| £28,000 | 10 May 2000 |
| £28,000 | 10 May 2000 |
| £18,000 | 14 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 666 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 April 2011 the House Price Index for NORTHUMBERLAND was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £40,000 results in an estimated price of approximately £69,035.
| 15 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £40,000 | £29,035 | £69,035 |
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 | -6.487 % | £-2,594 | £37,405 |
| 3 Month Average | 52.252 % | £20,900 | £60,900 |
| 6 Month Average | 22.784 % | £9,113 | £49,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £127,556 | £125,000 | 12 CROFTHEAD CLOSE |
| 28 Apr 2023 | £61,144 | £60,000 | 88 STANLEY STREET |
| 25 Mar 2022 | £114,833 | £110,000 | 112 STANLEY STREET |
| 1 Feb 2022 | £179,598 | £170,000 | 92 STANLEY STREET |
| 5 Nov 2021 | £161,249 | £148,000 | 3 CROFTHEAD CLOSE |
This house has a floor area of 61 sq meters or 666 sq feet when measured on 22 Jun 2011. Using an estimated price of £69,036 means this house is valued at £1,114 per sq meter (£103 per sq foot).
The average size of a house on PARK ROAD is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosamond Place |
| May 2024 | Shoplifting | Under investigation | On or near Rosamond Place |
| Apr 2024 | Anti-social behaviour | On or near Rosamond Place | |
| Apr 2024 | Anti-social behaviour | On or near Rosamond Place | |
| Apr 2024 | Anti-social behaviour | On or near Rosamond Place |