£147,797
This estimated value is based upon the latest sale price for the house of £86,500 on 28 Jun 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near Gordon Road
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| Price Paid | Date |
|---|---|
| £86,500 | 28 Jun 2012 |
| £84,000 | 13 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2012 the House Price Index for NORTHUMBERLAND was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £86,500 results in an estimated price of approximately £147,797.
| 28 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £86,500 | £61,297 | £147,797 |
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 | 49.903 % | £43,165 | £129,665 |
| 3 Month Average | 38.263 % | £33,097 | £119,597 |
| 6 Month Average | 40.694 % | £35,200 | £121,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £111,000 | £111,000 | 21 CHAMBERLAIN STREET |
| 10 Nov 2023 | £85,110 | £82,950 | 171 WENSLEYDALE TERRACE |
| 6 Nov 2023 | £164,167 | £160,000 | 38 NIXON TERRACE |
| 30 Jun 2023 | £142,863 | £140,000 | 95 WENSLEYDALE TERRACE |
| 27 Mar 2023 | £140,344 | £138,000 | 12 CHAMBERLAIN STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 May 2012. Using an estimated price of £147,798 means this house is valued at £1,997 per sq meter (£185 per sq foot).
The average size of a house on CHAMBERLAIN STREET is 94 sq meters (1,015 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Gordon Road |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Gordon Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Gordon Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Gordon Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Gordon Road |