£201,924
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Nov 2015 |
| £147,000 | 3 Feb 2006 |
| £54,500 | 19 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £145,000 results in an estimated price of approximately £201,924.
| 13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £145,000 | £56,924 | £201,924 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -22.707 % | £-32,924 | £112,075 |
| 3 Month Average | 18.028 % | £26,140 | £171,140 |
| 6 Month Average | 19.049 % | £27,620 | £172,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £242,068 | £239,950 | 20 MILLBROOK ROAD |
| 25 Aug 2023 | £221,942 | £220,000 | 26 MILLBROOK ROAD |
| 28 Jun 2023 | £204,477 | £202,000 | 36 MEDWAY PLACE |
| 10 Mar 2023 | £203,921 | £202,000 | 3 MEDWAY PLACE |
| 8 Dec 2021 | £213,204 | £199,000 | 5 MILLBROOK ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Apr 2015. Using an estimated price of £201,925 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on MILLBROOK ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Medway Place | |
| Mar 2024 | Anti-social behaviour | On or near Medway Place | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medway Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lapford Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Allonby Mews |