£225,563
This estimated value is based upon the latest sale price for the house of £126,000 on 3 Feb 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £126,000 | 3 Feb 2006 |
| Terraced |
| 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 February 2006 the House Price Index for NORTHUMBERLAND was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £126,000 results in an estimated price of approximately £225,563.
| 3 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £126,000 | £99,563 | £225,563 |
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 | 252.118 % | £317,668 | £443,668 |
| 3 Month Average | 102.577 % | £129,247 | £255,247 |
| 6 Month Average | 54.369 % | £68,504 | £194,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £81,248 | £80,000 | 3 FARNE ROAD |
| 6 Oct 2023 | £133,021 | £130,000 | 20 CHEVIOT ROAD |
| 15 Sep 2023 | £142,133 | £139,000 | 29 FARNE ROAD |
| 25 Aug 2023 | £103,873 | £102,000 | 17 NORTH SIDE |
| 4 Aug 2023 | £166,503 | £163,500 | 3 SELBY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Selby Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Selby Road |
| Aug 2024 | Other theft | Under investigation | On or near Farne Road |
| Jul 2024 | Anti-social behaviour | On or near West End | |
| Jul 2024 | Anti-social behaviour | On or near West End |