£150,136
This estimated value is based upon the latest sale price for the house of £129,500 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £129,500 | 11 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £129,500 results in an estimated price of approximately £150,136.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £129,500 | £20,636 | £150,136 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -29.744 % | £-38,518 | £90,981 |
| 3 Month Average | 7.837 % | £10,149 | £139,649 |
| 6 Month Average | 5.573 % | £7,217 | £136,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £90,153 | £89,000 | 32 LAMB STREET |
| 31 Aug 2023 | £300,630 | £298,000 | 22 MERGANSER CRESCENT |
| 10 Mar 2023 | £222,092 | £220,000 | 5 BARBARY WAY |
| 14 Jul 2022 | £421,134 | £420,000 | 7 MERGANSER CRESCENT |
| 28 Mar 2022 | £113,989 | £110,000 | 34 LAMB STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Sep 2019. Using an estimated price of £150,136 means this house is valued at £1,532 per sq meter (£142 per sq foot).
The average size of a house on ELIZABETH STREET is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Marjorie Street | |
| Apr 2024 | Anti-social behaviour | On or near Marjorie Street | |
| Apr 2024 | Anti-social behaviour | On or near Marjorie Street | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Marjorie Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marjorie Street |