£372,609
This estimated value is based upon the latest sale price for the house of £200,000 on 31 May 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £200,000 | 31 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2005 the House Price Index for NORTHUMBERLAND was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £200,000 results in an estimated price of approximately £372,609.
| 31 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £200,000 | £172,609 | £372,609 |
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 | 9.837 % | £19,674 | £219,674 |
| 3 Month Average | 26.293 % | £52,586 | £252,586 |
| 6 Month Average | 23.007 % | £46,014 | £246,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £154,755 | £150,000 | 16F FRONT STREET EAST |
| 16 Oct 2023 | £184,183 | £180,000 | 51 HOLLYMOUNT SQUARE |
| 25 Jan 2023 | £140,375 | £140,000 | 22 FRONT STREET EAST |
| 16 Nov 2022 | £119,441 | £120,000 | 52 FRONT STREET EAST |
| 5 Aug 2022 | £140,658 | £140,000 | 3 PERRYSTONE MEWS |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Feb 2017. Using an estimated price of £372,610 means this house is valued at £6,537 per sq meter (£607 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Perry Stone Mews |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Perry Stone Mews |
| May 2024 | Violence and sexual offences | Under investigation | On or near Perry Stone Mews |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Perry Stone Mews |
| May 2024 | Criminal damage and arson | Under investigation | On or near Perry Stone Mews |