£1,232
This estimated value is based upon the latest sale price for the house of £1,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £1,000 | 7 Feb 2020 |
| £149,000 | 7 Feb 2020 |
| Freehold |
| Floor Area: 62 sq meters or 667 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 February 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 23.255%.Applying this 23.255% change to the original purchase price of £1,000 results in an estimated price of approximately £1,232.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £1,000 | £232 | £1,232 |
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 | 31.615 % | £316 | £1,316 |
| 3 Month Average | 35.237 % | £352 | £1,352 |
| 6 Month Average | -10.437 % | £-104 | £895 |
| 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 |
| 27 Nov 2023 | £225,730 | £220,000 | 7 BROOMEY ROAD |
| 12 Oct 2023 | £138,137 | £135,000 | 37 HIGH FAIR |
| 31 Aug 2023 | £171,595 | £168,500 | 31 RAMSEYS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Horsdenside |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near High Fair |
| May 2024 | Violence and sexual offences | Under investigation | On or near High Fair |
| Jul 2024 | Public order | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ramsey Lane |