£419,490
This estimated value is based upon the latest sale price for the house of £325,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£325,000 | 2 Jun 2017 |
£319,000 | 7 Feb 2007 |
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 June 2017 the House Price Index for NORTHUMBERLAND was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £325,000 results in an estimated price of approximately £419,490.
2 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £325,000 | £94,490 | £419,490 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 6.599 % | £21,446 | £346,446 |
3 Month Average | 22.985 % | £74,700 | £399,700 |
6 Month Average | 35.550 % | £115,537 | £440,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £475,807 | £465,000 | 9 RIVERSIDE PARK |
4 Sep 2023 | £347,664 | £340,000 | 15 MARINERS VIEW |
23 Jun 2023 | £110,209 | £108,000 | 9 HIGH STREET |
27 Feb 2023 | £278,480 | £276,620 | 7 RIVERSIDE PARK |
21 Oct 2022 | £251,161 | £252,000 | 9 THE WYND |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Victoria Place |