£59,025
This estimated value is based upon the latest sale price for the house of £47,505 on 2 Jul 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £47,505 | 2 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 July 2019 the House Price Index for NORTHUMBERLAND was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £47,505 results in an estimated price of approximately £59,025.
| 2 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £47,505 | £11,520 | £59,025 |
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 | 3.812 % | £1,810 | £49,315 |
| 3 Month Average | 31.598 % | £15,010 | £62,515 |
| 6 Month Average | 7.554 % | £3,588 | £51,093 |
| 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 |
| 30 Oct 2023 | £140,184 | £137,000 | 15 BOLAM AVENUE |
| 25 Aug 2023 | £132,388 | £130,000 | 35 BOLAM AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 4 Dec 2017. Using an estimated price of £59,025 means this house is valued at £541 per sq meter (£50 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancery Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chancery Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chancery Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Chancery Lane |