£47,421
This estimated value is based upon the latest sale price for the house of £14,000 on 12 Jul 2001. 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 Richard Street
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| Price Paid | Date |
|---|---|
| £14,000 | 12 Jul 2001 |
| £27,000 | 14 Mar 1997 |
| £17,500 | 4 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2001 the House Price Index for NORTHUMBERLAND was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £14,000 results in an estimated price of approximately £47,421.
| 12 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £14,000 | £33,421 | £47,421 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 175.815 % | £24,614 | £38,614 |
| 3 Month Average | 250.753 % | £35,105 | £49,105 |
| 6 Month Average | 197.941 % | £27,711 | £41,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £66,014 | £65,000 | 9 ROWLEY STREET |
| 10 Nov 2023 | £133,386 | £130,000 | 4 PRINCESS LOUISE ROAD |
| 6 Apr 2023 | £56,048 | £55,000 | 2 ALDBOROUGH STREET |
| 20 Jan 2023 | £50,134 | £50,000 | 12 PRINCESS LOUISE ROAD |
| 6 Apr 2022 | £114,116 | £110,000 | 1 RICHARD STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 2 Jun 2015. Using an estimated price of £47,422 means this house is valued at £469 per sq meter (£43 per sq foot).
The average size of a house on BARNARD STREET is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richard Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Richard Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richard Street |
| Apr 2024 | Anti-social behaviour | On or near Richard Street | |
| Apr 2024 | Burglary | Under investigation | On or near Richard Street |