£154,584
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Apr 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 15 Apr 2019 |
| £43,050 | 18 Sep 1998 |
| £40,000 | 22 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 April 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £125,000 results in an estimated price of approximately £154,584.
| 15 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £125,000 | £29,584 | £154,584 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 44.000 % | £55,000 | £180,000 |
| 3 Month Average | -3.294 % | £-4,118 | £120,881 |
| 6 Month Average | 81.484 % | £101,855 | £226,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £55,000 | £55,000 | 24 HIGH STREET |
| 15 Sep 2023 | £202,590 | £200,000 | 23 CHURCH STREET |
| 3 Jul 2023 | £88,694 | £87,500 | FLAT 3 14 - 15 MARKET PLACE |
| 30 Jun 2023 | £885,729 | £875,000 | 7 CHEVIOT STREET |
| 3 Mar 2023 | £105,999 | £105,000 | 23 PETH HEAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 Dec 2017. Using an estimated price of £154,585 means this house is valued at £1,736 per sq meter (£161 per sq foot).
The average size of a house on CHURCH STREET is 130 sq meters (1,401 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |