£55,450
This estimated value is based upon the latest sale price for the house of £45,000 on 15 May 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£45,000 | 15 May 2020 |
£43,000 | 14 Jun 2019 |
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 May 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £45,000 results in an estimated price of approximately £55,450.
15 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £45,000 | £10,450 | £55,450 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | -10.714 % | £-4,821 | £40,178 |
3 Month Average | 21.361 % | £9,612 | £54,612 |
6 Month Average | 19.342 % | £8,703 | £53,703 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £74,388 | £72,500 | 92 WATERLOO ROAD |
29 Sep 2023 | £30,676 | £30,000 | 44 DELAVAL TERRACE |
18 Sep 2023 | £56,240 | £55,000 | 35 DELAVAL TERRACE |
18 Sep 2023 | £49,082 | £48,000 | 131 BOWES STREET |
6 Apr 2023 | £45,858 | £45,000 | 65 DELAVAL TERRACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 20 Mar 2019. Using an estimated price of £55,451 means this house is valued at £803 per sq meter (£74 per sq foot).
The average size of a house on BOWES STREET is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Delaval Terrace | |
Jul 2024 | Drugs | Awaiting court outcome | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Delaval Terrace |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |