£242,262
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£205,000 | 30 Oct 2020 |
£165,000 | 30 Nov 2012 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 940 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 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £205,000 results in an estimated price of approximately £242,262.
30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £205,000 | £37,262 | £242,262 |
The Postcode Pricing Model uses changes in average sales price within the NE45 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 | 101.897 % | £208,889 | £413,889 |
3 Month Average | 64.539 % | £132,304 | £337,304 |
6 Month Average | 32.852 % | £67,345 | £272,345 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £214,584 | £211,000 | 30 FRONT STREET |
27 Mar 2023 | £464,355 | £456,600 | BARCLAYS BANK PLC MARKET PLACE |
18 Nov 2022 | £129,395 | £130,000 | 1A JUBILEE BUILDINGS MIDDLE STREET |
14 Dec 2021 | £520,766 | £482,500 | 11 MARKET PLACE |
10 Dec 2021 | £323,792 | £300,000 | 38 HILL STREET |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 15 Jul 2011. Using an estimated price of £242,262 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on FRONT STREET is 104 sq meters (1,129 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Market Place |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Market Place |
Oct 2024 | Anti-social behaviour | On or near Supermarket | |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Street |