£142,294
This estimated value is based upon the latest sale price for the house of £73,000 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Parking Area
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| Price Paid | Date |
|---|---|
| £73,000 | 2 Jul 2004 |
| Terraced |
| 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 July 2004 the House Price Index for NORTHUMBERLAND was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £73,000 results in an estimated price of approximately £142,294.
| 2 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £73,000 | £69,294 | £142,294 |
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 | -0.839 % | £-612 | £72,387 |
| 3 Month Average | -6.019 % | £-4,393 | £68,606 |
| 6 Month Average | 40.883 % | £29,844 | £102,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £73,000 | £73,000 | 34 MYRTLE STREET |
| 31 Mar 2023 | £80,761 | £80,000 | 6 POPLAR STREET |
| 17 Mar 2023 | £50,476 | £50,000 | 16 SYCAMORE STREET |
| 14 Oct 2022 | £89,041 | £90,000 | 35 SYCAMORE STREET |
| 29 Jul 2022 | £58,157 | £58,000 | 53 MYRTLE STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Jul 2013. Using an estimated price of £142,295 means this house is valued at £1,654 per sq meter (£153 per sq foot).
The average size of a house on POPLAR STREET is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |