£148,198
This estimated value is based upon the latest sale price for the house of £79,950 on 16 Jun 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Milburn Road
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Price Paid | Date |
---|---|
£79,950 | 16 Jun 2009 |
£21,000 | 5 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 590 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 June 2009 the House Price Index for NORTHUMBERLAND was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £79,950 results in an estimated price of approximately £148,198.
16 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £79,950 | £68,248 | £148,198 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -9.577 % | £-7,656 | £72,293 |
3 Month Average | -16.278 % | £-13,014 | £66,935 |
6 Month Average | -6.686 % | £-5,345 | £74,604 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £229,038 | £222,000 | 106 MILBURN ROAD |
4 Aug 2023 | £56,010 | £55,000 | 85 PONT STREET |
10 Feb 2023 | £80,488 | £79,950 | 101A MILBURN ROAD |
7 Oct 2022 | £32,890 | £33,000 | 142 MILBURN ROAD |
7 Oct 2022 | £32,890 | £33,000 | 142A MILBURN ROAD |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 2 Mar 2009. Using an estimated price of £148,199 means this house is valued at £2,701 per sq meter (£250 per sq foot).
The average size of a house on ROWLINGTON TERRACE is 72 sq meters (781 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milburn Road |
Jul 2024 | Other crime | Under investigation | On or near Milburn Road |
Jul 2024 | Burglary | Under investigation | On or near Milburn Road |
Jul 2024 | Drugs | Under investigation | On or near Milburn Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Milburn Road |