£58,220
This estimated value is based upon the latest sale price for the house of £41,500 on 4 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £41,500 | 4 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 November 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £41,500 results in an estimated price of approximately £58,220.
| 4 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £41,500 | £16,720 | £58,220 |
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 | 12.608 % | £5,232 | £46,732 |
| 3 Month Average | 50.827 % | £21,093 | £62,593 |
| 6 Month Average | 17.804 % | £7,388 | £48,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £66,014 | £65,000 | 9 ROWLEY STREET |
| 24 Nov 2023 | £148,777 | £145,000 | 33 MARINE TERRACE |
| 28 Apr 2023 | £137,064 | £134,500 | 5 MARINE TERRACE |
| 6 Apr 2023 | £56,048 | £55,000 | 2 ALDBOROUGH STREET |
| 10 Jun 2022 | £108,315 | £106,000 | 27 MARINE TERRACE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 May 2014. Using an estimated price of £58,220 means this house is valued at £606 per sq meter (£56 per sq foot).
The average size of a house on MIDDLETON STREET is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rowley Street |
| May 2024 | Anti-social behaviour | On or near Rowley Street | |
| May 2024 | Anti-social behaviour | On or near Rowley Street | |
| May 2024 | Anti-social behaviour | On or near Rowley Street | |
| May 2024 | Anti-social behaviour | On or near Rowley Street |