£82,549
This estimated value is based upon the latest sale price for the house of £53,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£53,000 | 16 May 2014 |
Terraced |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2014 the House Price Index for NORTHUMBERLAND was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £53,000 results in an estimated price of approximately £82,549.
16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £53,000 | £29,549 | £82,549 |
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 | 62.208 % | £32,970 | £85,970 |
3 Month Average | 38.708 % | £20,515 | £73,515 |
6 Month Average | 30.362 % | £16,091 | £69,091 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £40,236 | £39,000 | 43 DISRAELI STREET |
15 Dec 2023 | £41,165 | £39,900 | 55 DISRAELI STREET |
18 Aug 2023 | £56,010 | £55,000 | 132 GLADSTONE STREET |
5 Jun 2023 | £51,022 | £50,000 | 112 GLADSTONE STREET |
6 Mar 2023 | £42,713 | £42,000 | 96 DISRAELI STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 13 May 2016. Using an estimated price of £82,549 means this house is valued at £682 per sq meter (£63 per sq foot).
The average size of a house on DISRAELI STREET is 73 sq meters (791 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other crime | Under investigation | On or near Gladstone Street |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Street |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gladstone Street |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Gladstone Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Gladstone Street |