£123,156
This estimated value is based upon the latest sale price for the house of £22,000 on 25 Jun 1996. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £22,000 | 25 Jun 1996 |
| Terraced |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 June 1996 the House Price Index for NORTHUMBERLAND was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £22,000 results in an estimated price of approximately £123,156.
| 25 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 459.800 % | £22,000 | £101,156 | £123,156 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 188.254 % | £41,415 | £63,415 |
| 3 Month Average | 161.904 % | £35,618 | £57,618 |
| 6 Month Average | 225.232 % | £49,551 | £71,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £152,671 | £150,000 | 16F FRONT STREET EAST |
| 4 Sep 2023 | £136,748 | £135,000 | 19 BARRINGTON COURT |
| 15 Feb 2023 | £248,328 | £248,495 | 26 TOWERS CLOSE |
| 25 Jan 2023 | £139,344 | £140,000 | 22 FRONT STREET EAST |
| 16 Nov 2022 | £118,564 | £120,000 | 52 FRONT STREET EAST |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Mar 2019. Using an estimated price of £123,156 means this house is valued at £1,207 per sq meter (£112 per sq foot).
The average size of a house on FRONT STREET EAST is 143 sq meters (1,549 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Perry Stone Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Perry Stone Mews |