£98,466
This estimated value is based upon the latest sale price for the house of £55,000 on 6 Jan 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £55,000 | 6 Jan 2006 |
| £47,500 | 23 Aug 2004 |
| £14,500 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2006 the House Price Index for NORTHUMBERLAND was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £55,000 results in an estimated price of approximately £98,466.
| 6 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £55,000 | £43,466 | £98,466 |
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 | 29.506 % | £16,228 | £71,228 |
| 3 Month Average | -10.990 % | £-6,044 | £48,955 |
| 6 Month Average | 16.323 % | £8,977 | £63,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £50,141 | £49,500 | 197 CHESTNUT STREET |
| 14 Sep 2023 | £48,622 | £48,000 | 152 MAPLE STREET |
| 14 Apr 2023 | £40,434 | £39,999 | 188 MAPLE STREET |
| 27 Jan 2023 | £39,811 | £39,999 | 190 MAPLE STREET |
| 6 Jun 2022 | £50,717 | £50,000 | 171 MAPLE STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Sep 2018. Using an estimated price of £98,466 means this house is valued at £1,386 per sq meter (£128 per sq foot).
The average size of a house on CHESTNUT STREET is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hawthorn Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawthorn Road |
| Mar 2024 | Anti-social behaviour | On or near Hawthorn Road | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorn Road | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorn Road |