£172,171
This estimated value is based upon the latest sale price for the house of £107,000 on 9 Jan 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £107,000 | 9 Jan 2014 |
| £119,950 | 12 Jun 2007 |
| £25,559 | 28 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 893 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 January 2014 the House Price Index for NORTHUMBERLAND was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £107,000 results in an estimated price of approximately £172,171.
| 9 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £107,000 | £65,171 | £172,171 |
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 | 28.175 % | £30,147 | £137,147 |
| 3 Month Average | 50.509 % | £54,044 | £161,044 |
| 6 Month Average | 52.856 % | £56,555 | £163,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £118,000 | £118,000 | 30 WALKERGATE |
| 16 Apr 2024 | £127,104 | £126,000 | 2 COLLEGE PLACE |
| 6 Nov 2023 | £318,074 | £310,000 | 3 SCOTTS PLACE |
| 1 Nov 2023 | £210,339 | £205,000 | 5 LOVE LANE |
| 31 Mar 2023 | £167,497 | £164,700 | 2 WELL CLOSE SQUARE |
This house has a floor area of 82 sq meters or 893 sq feet when measured on 20 Jun 2011. Using an estimated price of £172,171 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on MARYGATE is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenside Avenue |