£195,963
This estimated value is based upon the latest sale price for the house of £90,000 on 1 Dec 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £90,000 | 1 Dec 2003 |
| £40,500 | 24 Apr 1998 |
| Terraced |
| Freehold |
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 December 2003 the House Price Index for NORTHUMBERLAND was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £90,000 results in an estimated price of approximately £195,963.
| 1 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £90,000 | £105,963 | £195,963 |
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 | 65.203 % | £58,682 | £148,682 |
| 3 Month Average | -16.803 % | £-15,122 | £74,877 |
| 6 Month Average | 33.394 % | £30,054 | £120,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 3 Feb 2023 | £166,388 | £166,500 | 4 WHITSUN VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peth Head |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Peth Head |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Supermarket |