£214,198
This estimated value is based upon the latest sale price for the house of £128,000 on 10 May 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £128,000 | 10 May 2013 |
| £120,000 | 1 May 2008 |
| Terraced |
| Freehold |
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 May 2013 the House Price Index for NORTHUMBERLAND was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £128,000 results in an estimated price of approximately £214,198.
| 10 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £128,000 | £86,198 | £214,198 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 50.757 % | £64,968 | £192,968 |
| 3 Month Average | 52.998 % | £67,837 | £195,837 |
| 6 Month Average | 46.580 % | £59,622 | £187,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £157,007 | £155,000 | 18 ELWIN CLOSE |
| 21 Sep 2023 | £314,015 | £310,000 | 10 SOUTHWARD CLOSE |
| 25 Aug 2023 | £161,412 | £160,000 | 7 MILLFIELD |
| 22 Aug 2023 | £184,615 | £183,000 | 19 ELWIN PLACE |
| 30 Jun 2023 | £223,710 | £221,000 | 51 SOUTHWARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Millfield | |
| Apr 2024 | Anti-social behaviour | On or near Millfield | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Millfield |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Millfield |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |