£145,346
This estimated value is based upon the latest sale price for the house of £85,000 on 30 Apr 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £85,000 | 30 Apr 2010 |
| £110,000 | 24 Oct 2007 |
| £49,950 | 14 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 929 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 2010 the House Price Index for NORTHUMBERLAND was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £85,000 results in an estimated price of approximately £145,346.
| 30 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £85,000 | £60,346 | £145,346 |
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 | -6.648 % | £-5,650 | £79,349 |
| 3 Month Average | -6.717 % | £-5,709 | £79,290 |
| 6 Month Average | -8.879 % | £-7,547 | £77,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £110,000 | £110,000 | 12A MILBURN ROAD |
| 15 Dec 2023 | £61,902 | £60,000 | 4 HOLLY STREET |
| 13 Dec 2023 | £51,585 | £50,000 | 3 PONT STREET |
| 31 Oct 2023 | £66,511 | £65,000 | 177 SYCAMORE STREET |
| 4 Sep 2023 | £47,037 | £46,000 | 4 PONT STREET |
This house has a floor area of 86 sq meters or 929 sq feet when measured on 10 Jul 2009. Using an estimated price of £145,347 means this house is valued at £1,683 per sq meter (£156 per sq foot).
The average size of a house on MILBURN ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pont Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pont Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pont Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Pont Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Pont Street |