£247,080
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £200,000 | 2 Oct 2019 |
| £230,000 | 2 May 2006 |
| Freehold |
| Floor Area: 123 sq meters or 1,324 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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £200,000 results in an estimated price of approximately £247,080.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £200,000 | £47,080 | £247,080 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 46.747 % | £93,493 | £293,493 |
| 3 Month Average | -13.252 % | £-26,504 | £173,495 |
| 6 Month Average | -16.310 % | £-32,619 | £167,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £181,577 | £180,000 | 43 RAMSEYS LANE |
| 4 Mar 2024 | £55,858 | £55,000 | 24 HIGH STREET |
| 20 Dec 2023 | £175,389 | £170,000 | 60 HIGH STREET |
| 10 Oct 2023 | £168,835 | £165,000 | 1 GLENDALE ROAD |
| 15 Sep 2023 | £291,424 | £285,000 | 26 GLENDALE ROAD |
This house has a floor area of 123 sq meters or 1,324 sq feet when measured on 14 Oct 2010. Using an estimated price of £247,080 means this house is valued at £2,007 per sq meter (£186 per sq foot).
The average size of a house on HIGH STREET is 166 sq meters (1,793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near High Street |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near High Street |
| Jun 2024 | Anti-social behaviour | On or near Glendale Road | |
| Jun 2024 | Anti-social behaviour | On or near Glendale Road |