£62,727
This estimated value is based upon the latest sale price for the house of £58,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £58,000 | 26 Nov 2021 |
| £26,000 | 15 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2021 the House Price Index for NORTHUMBERLAND was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £58,000 results in an estimated price of approximately £62,727.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £58,000 | £4,727 | £62,727 |
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 | 44.459 % | £25,786 | £83,786 |
| 3 Month Average | -6.493 % | £-3,766 | £54,233 |
| 6 Month Average | -0.898 % | £-520 | £57,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £121,554 | £120,000 | 15 NORTH SEATON ROAD |
| 18 Aug 2023 | £51,450 | £51,000 | 21 NORTH SEATON ROAD |
| 30 Mar 2023 | £40,330 | £39,950 | 4 BELLWAY HOUSE WOODHORN ROAD |
| 10 Feb 2023 | £78,447 | £78,500 | 26 LABURNUM TERRACE |
| 20 Oct 2022 | £64,308 | £65,000 | 37 NORTH SEATON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Sep 2021. Using an estimated price of £62,728 means this house is valued at £922 per sq meter (£85 per sq foot).
The average size of a house on NORTH SEATON ROAD is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near West View |
| Feb 2024 | Anti-social behaviour | On or near West View | |
| Feb 2024 | Anti-social behaviour | On or near West View | |
| Feb 2024 | Anti-social behaviour | On or near West View | |
| Feb 2024 | Anti-social behaviour | On or near West View |