£69,785
This estimated value is based upon the latest sale price for the house of £49,000 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£49,000 | 1 Dec 2015 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2015 the House Price Index for NORTHUMBERLAND was 71.9.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 42.420%.Applying this 42.420% change to the original purchase price of £49,000 results in an estimated price of approximately £69,785.
1 Dec 2015 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.9 | 102.4 | 42.420 % | £49,000 | £20,785 | £69,785 |
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 | 57.421 % | £28,136 | £77,136 |
3 Month Average | 22.420 % | £10,985 | £59,985 |
6 Month Average | 24.467 % | £11,988 | £60,988 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2024 | £116,710 | £115,000 | 1 RICHARD STREET |
29 Aug 2024 | £44,253 | £43,000 | 7 RICHARD STREET |
10 Apr 2024 | £75,003 | £72,000 | 14 PRINCESS LOUISE ROAD |
8 Mar 2024 | £67,988 | £65,000 | 9 ROWLEY STREET |
26 Feb 2024 | £78,931 | £75,000 | 15 ROWLEY STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 31 Mar 2015. Using an estimated price of £69,786 means this house is valued at £830 per sq meter (£77 per sq foot).
The average size of a house on RICHARD STREET is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Under investigation | On or near Richard Street |
Jan 2025 | Public order | Offender given a caution | On or near Croft Road |
Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Croft Road |
Dec 2024 | Violence and sexual offences | Under investigation | On or near Croft Road |
Feb 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aldborough Street |