£55,597
This estimated value is based upon the latest sale price for the house of £21,500 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Woodhorn Road
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| Price Paid | Date |
|---|---|
| £21,500 | 29 Nov 2002 |
| £15,800 | 1 Dec 1997 |
| Terraced |
| Leasehold |
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 2002 the House Price Index for NORTHUMBERLAND was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £21,500 results in an estimated price of approximately £55,597.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £21,500 | £34,097 | £55,597 |
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 | 77.524 % | £16,667 | £38,167 |
| 3 Month Average | 99.840 % | £21,465 | £42,965 |
| 6 Month Average | 114.873 % | £24,697 | £46,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £64,000 | £64,000 | 12 KATHERINE STREET |
| 10 Nov 2023 | £58,998 | £57,500 | 11 PORTIA STREET |
| 6 Mar 2023 | £36,103 | £35,500 | 55 CASTLE TERRACE |
| 18 Jan 2023 | £53,142 | £53,000 | 31 CASTLE TERRACE |
| 1 Jun 2022 | £40,873 | £39,999 | 22 KATHERINE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodhorn Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodhorn Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodhorn Road |
| Jun 2024 | Other theft | Under investigation | On or near Woodhorn Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Woodhorn Road |