£342,785
This estimated value is based upon the latest sale price for the house of £335,000 on 2 Feb 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £335,000 | 2 Feb 2024 |
| £155,000 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 February 2024 the House Price Index for NORTHUMBERLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £335,000 results in an estimated price of approximately £342,785.
| 2 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £335,000 | £7,785 | £342,785 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 30.690 % | £102,812 | £437,812 |
| 3 Month Average | 13.149 % | £44,047 | £379,047 |
| 6 Month Average | 3.768 % | £12,621 | £347,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £264,000 | £264,000 | 3 WESTBOURNE GROVE |
| 12 Oct 2023 | £134,351 | £131,300 | 16 RYE TERRACE |
| 5 Sep 2023 | £114,525 | £112,000 | 11 RYE TERRACE |
| 30 Jun 2023 | £295,930 | £290,000 | 7 CRESCENT AVENUE |
| 29 Jul 2022 | £350,512 | £347,000 | 1A LEAZES TERRACE |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 31 Jan 2013.
The average size of a house on SHAFTOE LEAZES is 150 sq meters (1,623 sq feet).
This house is the largest in the street with a floor area of 223 sq meters (2,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Portland Terrace |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crescent Avenue |
| Sep 2024 | Public order | Under investigation | On or near Police Station |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Police Station |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burswell Avenue |