£62,010
This estimated value is based upon the latest sale price for the house of £13,000 on 28 Apr 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£13,000 | 28 Apr 1998 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 1998 the House Price Index for NORTHUMBERLAND was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £13,000 results in an estimated price of approximately £62,010.
28 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.4 | 149.7 | 377.002 % | £13,000 | £49,010 | £62,010 |
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 | 181.593 % | £23,607 | £36,607 |
3 Month Average | 285.429 % | £37,105 | £50,105 |
6 Month Average | 233.057 % | £30,297 | £43,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £67,284 | £66,250 | 29 HODGSONS ROAD |
19 Dec 2023 | £40,236 | £39,000 | 43 DISRAELI STREET |
15 Dec 2023 | £41,165 | £39,900 | 55 DISRAELI STREET |
17 Nov 2023 | £47,198 | £46,000 | 2 ARGYLE MEWS |
28 Jun 2023 | £25,511 | £25,000 | 1 NORTHUMBERLAND COURT |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Dec 2014. Using an estimated price of £62,010 means this house is valued at £1,069 per sq meter (£99 per sq foot).
The average size of a house on GOSCHEN STREET is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Argyle Mews |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Argyle Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Argyle Mews |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Close |
Jul 2024 | Anti-social behaviour | On or near The Close |