£168,134
This estimated value is based upon the latest sale price for the house of £94,500 on 7 Mar 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £94,500 | 7 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2006 the House Price Index for NORTHUMBERLAND was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £94,500 results in an estimated price of approximately £168,134.
| 7 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £94,500 | £73,634 | £168,134 |
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 | -15.785 % | £-14,916 | £79,583 |
| 3 Month Average | 5.298 % | £5,006 | £99,506 |
| 6 Month Average | -2.011 % | £-1,900 | £92,599 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £110,000 | £110,000 | 12A MILBURN ROAD |
| 15 Mar 2024 | £71,092 | £70,000 | 8 BOLSOVER STREET |
| 11 Oct 2023 | £80,836 | £79,000 | 47 BOLSOVER STREET |
| 4 Sep 2023 | £47,037 | £46,000 | 4 PONT STREET |
| 24 Feb 2023 | £128,861 | £128,000 | 27 WELBECK TERRACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 2 Dec 2013. Using an estimated price of £168,135 means this house is valued at £1,955 per sq meter (£181 per sq foot).
The average size of a house on GARDEN CITY VILLAS is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Cavendish Terrace |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cavendish Terrace |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cavendish Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bolsover Street |