£153,434
This estimated value is based upon the latest sale price for the house of £149,950 on 26 Oct 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £149,950 | 26 Oct 2023 |
| £140,000 | 23 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 October 2023 the House Price Index for NORTHUMBERLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £149,950 results in an estimated price of approximately £153,434.
| 26 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £149,950 | £3,484 | £153,434 |
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 | 176.917 % | £265,287 | £415,237 |
| 3 Month Average | 35.059 % | £52,571 | £202,521 |
| 6 Month Average | 6.467 % | £9,696 | £159,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £83,787 | £82,500 | 31 MEWS TOWERS PARK VIEW |
| 1 Dec 2023 | £149,597 | £145,000 | 6 COLUMN MEWS |
| 8 Nov 2023 | £271,902 | £265,000 | 5 PARK VIEW |
| 26 Oct 2023 | £153,435 | £149,950 | 10 COLUMN MEWS |
| 29 Sep 2023 | £122,705 | £120,000 | 21 MEWS TOWERS PARK VIEW |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Aug 2020. Using an estimated price of £153,435 means this house is valued at £2,600 per sq meter (£241 per sq foot).
The average size of a house on COLUMN MEWS is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Park View | |
| Jul 2024 | Anti-social behaviour | On or near Park View | |
| Jul 2024 | Anti-social behaviour | On or near Park View | |
| Jul 2024 | Anti-social behaviour | On or near Park View | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Stott Street |