£354,435
This estimated value is based upon the latest sale price for the house of £265,000 on 19 May 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £265,000 | 19 May 2016 |
| £180,000 | 23 Jul 2004 |
| £73,500 | 31 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 May 2016 the House Price Index for NORTHUMBERLAND was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £265,000 results in an estimated price of approximately £354,435.
| 19 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.0 | 33.749 % | £265,000 | £89,435 | £354,435 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 10.573 % | £28,019 | £293,019 |
| 3 Month Average | -12.591 % | £-33,366 | £231,633 |
| 6 Month Average | 35.704 % | £94,616 | £359,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £55,186 | £55,000 | 24 HIGH STREET |
| 20 Dec 2023 | £173,278 | £170,000 | 60 HIGH STREET |
| 15 Dec 2023 | £178,375 | £175,000 | 1 QUEENS ROAD |
| 20 Mar 2023 | £256,386 | £255,000 | 14 - 16 GLENDALE ROAD |
| 23 Feb 2023 | £209,011 | £210,000 | 7 TANKERVILLE TERRACE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 28 Oct 2014. Using an estimated price of £354,436 means this house is valued at £2,496 per sq meter (£231 per sq foot).
The average size of a house on QUEENS ROAD is 167 sq meters (1,807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Queen'S Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Queen'S Road |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |