£59,753
This estimated value is based upon the latest sale price for the house of £47,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £47,000 | 6 Oct 2017 |
| £32,000 | 9 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2017 the House Price Index for NORTHUMBERLAND was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £47,000 results in an estimated price of approximately £59,753.
| 6 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £47,000 | £12,753 | £59,753 |
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 | -16.749 % | £-7,872 | £39,127 |
| 3 Month Average | 54.487 % | £25,608 | £72,608 |
| 6 Month Average | 19.409 % | £9,122 | £56,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £83,848 | £82,000 | 36 ROBERT STREET |
| 11 Sep 2023 | £56,240 | £55,000 | 151A PLESSEY ROAD |
| 17 Feb 2023 | £44,296 | £44,000 | 81 WILLIAM STREET |
| 13 Jan 2023 | £77,708 | £77,500 | 13 GEORGE STREET |
| 13 Jan 2023 | £57,153 | £57,000 | 45 WILLIAM STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 May 2017. Using an estimated price of £59,753 means this house is valued at £702 per sq meter (£65 per sq foot).
The average size of a house on GEORGE STREET is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishopton Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bishopton Street |
| Jul 2024 | Anti-social behaviour | On or near William Street |