£171,815
This estimated value is based upon the latest sale price for the house of £149,500 on 9 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £149,500 | 9 Jul 2021 |
| £140,000 | 16 Mar 2006 |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 July 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £149,500 results in an estimated price of approximately £171,815.
| 9 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £149,500 | £22,315 | £171,815 |
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 | 727.655 % | £1,087,844 | £1,237,344 |
| 3 Month Average | 67.125 % | £100,352 | £249,852 |
| 6 Month Average | 28.763 % | £43,000 | £192,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £325,699 | £320,000 | 6 TWEED STREET |
| 18 Sep 2023 | £146,878 | £145,000 | 2 SWANSTON MEWS |
| 5 Sep 2023 | £141,813 | £140,000 | 37 CASTLEGATE |
| 20 Jun 2023 | £50,613 | £50,000 | 2 RAILWAY STREET |
| 4 Nov 2022 | £286,529 | £290,000 | THE BARBER SHOP, 44 CASTLEGATE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Sep 2012. Using an estimated price of £171,815 means this house is valued at £2,684 per sq meter (£249 per sq foot).
The average size of a house on SWANSTON MEWS is 63 sq meters (687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tweed Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tweed Street |
| Dec 2023 | Anti-social behaviour | On or near Railway Street | |
| Dec 2023 | Anti-social behaviour | On or near Railway Street | |
| Dec 2023 | Anti-social behaviour | On or near Railway Street |