£54,029
This estimated value is based upon the latest sale price for the house of £40,000 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£40,000 | 14 Mar 2016 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 March 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £40,000 results in an estimated price of approximately £54,029.
14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £40,000 | £14,029 | £54,029 |
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 | 9.138 % | £3,655 | £43,655 |
3 Month Average | -1.555 % | £-622 | £39,377 |
6 Month Average | 18.130 % | £7,252 | £47,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £50,890 | £50,000 | 3 PONT STREET |
7 Nov 2023 | £45,676 | £45,000 | 60 MILBURN ROAD |
22 Sep 2023 | £35,453 | £35,000 | 28 PONT STREET |
4 Sep 2023 | £46,596 | £46,000 | 4 PONT STREET |
21 Jul 2023 | £70,955 | £70,000 | 39 PONT STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Jul 2015. Using an estimated price of £54,030 means this house is valued at £540 per sq meter (£50 per sq foot).
The average size of a house on MILBURN ROAD is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pont Street |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Pont Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pont Street |
Feb 2024 | Anti-social behaviour | On or near Pont Street | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pont Street |