£74,952
This estimated value is based upon the latest sale price for the house of £73,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£73,000 | 16 May 2022 |
£76,000 | 20 Feb 2009 |
£72,500 | 11 May 2005 |
£27,000 | 30 Nov 2001 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 May 2022 the House Price Index for NORTHUMBERLAND was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £73,000 results in an estimated price of approximately £74,952.
16 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £73,000 | £1,952 | £74,952 |
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 | -8.385 % | £-6,120 | £66,879 |
3 Month Average | 26.891 % | £19,630 | £92,630 |
6 Month Average | 7.243 % | £5,287 | £78,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £77,378 | £75,000 | 24 LYNN STREET |
14 Dec 2023 | £69,640 | £67,500 | 4 - 6 LYNN STREET |
1 Dec 2023 | £82,536 | £80,000 | 59 MARLOW STREET |
24 Mar 2023 | £60,002 | £59,000 | 17 LYNN STREET |
15 Mar 2023 | £36,611 | £36,000 | 49 SIDNEY STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 26 Apr 2012. Using an estimated price of £74,953 means this house is valued at £727 per sq meter (£67 per sq foot).
The average size of a house on SIDNEY STREET is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Chancery Lane |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Chancery Lane |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Chancery Lane |
Jun 2024 | Public order | Under investigation | On or near Chancery Lane |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chancery Lane |