£62,843
This estimated value is based upon the latest sale price for the house of £61,500 on 8 Jun 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £61,500 | 8 Jun 2022 |
| 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 June 2022 the House Price Index for NORTHUMBERLAND was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £61,500 results in an estimated price of approximately £62,843.
| 8 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £61,500 | £1,343 | £62,843 |
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 | 25.487 % | £15,674 | £77,174 |
| 3 Month Average | 4.157 % | £2,556 | £64,056 |
| 6 Month Average | 1.960 % | £1,205 | £62,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £53,464 | £53,000 | 10 CAVENDISH GARDENS |
| 15 Mar 2024 | £71,092 | £70,000 | 8 BOLSOVER STREET |
| 30 Nov 2023 | £61,563 | £60,000 | 41 BOLSOVER STREET |
| 2 Nov 2023 | £86,188 | £84,000 | 10 ACACIA TERRACE |
| 11 Oct 2023 | £80,836 | £79,000 | 47 BOLSOVER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Acacia Terrace |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Acacia Terrace |
| May 2024 | Violence and sexual offences | Under investigation | On or near Acacia Terrace |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Terrace |
| Apr 2024 | Anti-social behaviour | On or near Acacia Terrace |