£152,045
This estimated value is based upon the latest sale price for the house of £90,000 on 17 Nov 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £90,000 | 17 Nov 2006 |
| £36,100 | 14 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2006 the House Price Index for NORTHUMBERLAND was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £90,000 results in an estimated price of approximately £152,045.
| 17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £90,000 | £62,045 | £152,045 |
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 | 61.121 % | £55,008 | £145,008 |
| 3 Month Average | 81.391 % | £73,252 | £163,252 |
| 6 Month Average | 23.582 % | £21,223 | £111,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £361,136 | £358,000 | 18 CHEVIOT STREET |
| 19 Apr 2024 | £181,577 | £180,000 | 43 RAMSEYS LANE |
| 4 Mar 2024 | £55,858 | £55,000 | 24 HIGH STREET |
| 20 Dec 2023 | £175,389 | £170,000 | 60 HIGH STREET |
| 10 Oct 2023 | £168,835 | £165,000 | 1 GLENDALE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 7 Aug 2018. Using an estimated price of £152,046 means this house is valued at £2,203 per sq meter (£204 per sq foot).
The average size of a house on RAMSEYS LANE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Horsdenside |