£78,756
This estimated value is based upon the latest sale price for the house of £64,000 on 21 Aug 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £64,000 | 21 Aug 2019 |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 August 2019 the House Price Index for NORTHUMBERLAND was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £64,000 results in an estimated price of approximately £78,756.
| 21 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £64,000 | £14,756 | £78,756 |
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 | -4.407 % | £-2,820 | £61,179 |
| 3 Month Average | -26.733 % | £-17,109 | £46,890 |
| 6 Month Average | 5.027 % | £3,217 | £67,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £95,217 | £94,000 | 3 CRESSWELL TERRACE |
| 4 Apr 2023 | £93,001 | £92,000 | 73A STATION ROAD |
| 28 Feb 2023 | £92,937 | £93,000 | 4 CRESSWELL TERRACE |
| 22 Jul 2022 | £77,208 | £77,000 | 86 STATION ROAD |
| 18 Jul 2022 | £45,121 | £45,000 | 13 COUNCIL ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 10 Apr 2018. Using an estimated price of £78,756 means this house is valued at £605 per sq meter (£56 per sq foot).
The average size of a house on STATION ROAD is 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Haldane Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Haldane Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Haldane Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Haldane Street |
| Mar 2024 | Other crime | Under investigation | On or near Haldane Street |