£275,112
This estimated value is based upon the latest sale price for the house of £157,950 on 28 Jul 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £157,950 | 28 Jul 2006 |
| £28,000 | 6 Jun 1997 |
| Semi-Detached |
| Freehold |
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 July 2006 the House Price Index for NORTHUMBERLAND was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £157,950 results in an estimated price of approximately £275,112.
| 28 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £157,950 | £117,162 | £275,112 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 239.068 % | £377,608 | £535,558 |
| 3 Month Average | 90.550 % | £143,024 | £300,974 |
| 6 Month Average | 54.384 % | £85,900 | £243,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £182,809 | £180,000 | 11 LACEY STREET |
| 6 Mar 2023 | £210,516 | £207,000 | 29 LACEY STREET |
| 5 Jan 2023 | £190,509 | £190,000 | 25 EAST FIELD |
| 19 Oct 2022 | £149,501 | £150,000 | 26 NORTH END |
| 9 Aug 2022 | £432,020 | £430,000 | 3 THE CROFT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Lacey Street |
| Aug 2024 | Anti-social behaviour | On or near Lacey Street | |
| Aug 2024 | Anti-social behaviour | On or near Lacey Street | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnside |
| Sep 2024 | Other theft | Under investigation | On or near Burnside |