£50,012
This estimated value is based upon the latest sale price for the house of £9,500 on 24 Feb 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £9,500 | 24 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 1997 the House Price Index for NORTHUMBERLAND was 28.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 426.445%.Applying this 426.445% change to the original purchase price of £9,500 results in an estimated price of approximately £50,012.
| 24 Feb 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 148.6 | 426.445 % | £9,500 | £40,512 | £50,012 |
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 | 110.459 % | £10,493 | £19,993 |
| 3 Month Average | 100.320 % | £9,530 | £19,030 |
| 6 Month Average | 204.019 % | £19,381 | £28,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £47,837 | £47,000 | 227 MAPLE STREET |
| 22 Sep 2023 | £35,453 | £35,000 | 28 PONT STREET |
| 21 Jul 2023 | £70,955 | £70,000 | 39 PONT STREET |
| 2 Jun 2023 | £63,772 | £63,000 | 77 PONT STREET |
| 8 Feb 2023 | £79,946 | £80,000 | 241 MAPLE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 7 Aug 2012. Using an estimated price of £50,012 means this house is valued at £666 per sq meter (£61 per sq foot).
The average size of a house on SYCAMORE STREET is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fourth Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fourth Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fourth Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fourth Avenue |