£95,905
This estimated value is based upon the latest sale price for the house of £89,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £89,000 | 30 Sep 2021 |
| £85,000 | 12 Dec 2014 |
| £102,000 | 19 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2021 the House Price Index for NORTHUMBERLAND was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £89,000 results in an estimated price of approximately £95,905.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £89,000 | £6,905 | £95,905 |
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 | -11.696 % | £-10,409 | £78,590 |
| 3 Month Average | -35.570 % | £-31,657 | £57,342 |
| 6 Month Average | -16.416 % | £-14,609 | £74,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £77,208 | £77,000 | 86 STATION ROAD |
| 31 May 2022 | £110,074 | £108,000 | 8 PARK ROAD EAST |
| 17 Feb 2022 | £99,626 | £95,000 | 18 LANGWELL CRESCENT |
| 28 Jan 2022 | £136,550 | £129,750 | 7 LANGWELL CRESCENT |
| 30 Sep 2021 | £95,906 | £89,000 | 2 DUKE STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 13 May 2015. Using an estimated price of £95,906 means this house is valued at £1,031 per sq meter (£95 per sq foot).
The average size of a house on DUKE STREET is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| Feb 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| Feb 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| Jan 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| Jan 2024 | Anti-social behaviour | On or near Rotary Parkway |