£852,444
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Dec 1999. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £210,000 | 1 Dec 1999 |
| £205,000 | 31 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 468 sq meters or 5,037 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 December 1999 the House Price Index for NORTHUMBERLAND was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £210,000 results in an estimated price of approximately £852,444.
| 1 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 149.7 | 305.926 % | £210,000 | £642,444 | £852,444 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 199.894 % | £419,777 | £629,777 |
| 3 Month Average | 260.729 % | £547,530 | £757,530 |
| 6 Month Average | 277.703 % | £583,177 | £793,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £322,803 | £320,000 | 3 GOVERNORS GARDENS |
| 1 Aug 2023 | £96,745 | £95,000 | 7 THE OLD CORN EXCHANGE SANDGATE |
| 28 Feb 2023 | £90,605 | £90,000 | 16 THE OLD CORN EXCHANGE SANDGATE |
| 15 Jul 2022 | £85,860 | £85,000 | 26 FOUL FORD |
| 6 Jul 2022 | £256,571 | £254,000 | 31 PALACE STREET |
This house has a floor area of 468 sq meters or 5,037 sq feet when measured on 15 Apr 2016. Using an estimated price of £852,445 means this house is valued at £1,821 per sq meter (£169 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street |