£89,819
This estimated value is based upon the latest sale price for the house of £60,000 on 20 Jan 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £60,000 | 20 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2015 the House Price Index for NORTHUMBERLAND was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £60,000 results in an estimated price of approximately £89,819.
| 20 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £60,000 | £29,819 | £89,819 |
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 | -28.579 % | £-17,147 | £42,852 |
| 3 Month Average | -6.975 % | £-4,184 | £55,815 |
| 6 Month Average | -2.755 % | £-1,652 | £58,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £77,779 | £77,000 | 86 STATION ROAD |
| 31 May 2022 | £110,889 | £108,000 | 8 PARK ROAD EAST |
| 17 Feb 2022 | £100,363 | £95,000 | 18 LANGWELL CRESCENT |
| 28 Jan 2022 | £137,561 | £129,750 | 7 LANGWELL CRESCENT |
| 23 Sep 2021 | £61,877 | £57,000 | 84 STATION ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Apr 2014. Using an estimated price of £89,820 means this house is valued at £987 per sq meter (£91 per sq foot).
The average size of a house on DUKE STREET is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| May 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| May 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| May 2024 | Anti-social behaviour | On or near Rotary Parkway | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haldane Street |