£120,655
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £80,000 | 17 Oct 2014 |
| £74,950 | 17 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2014 the House Price Index for NORTHUMBERLAND was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £80,000 results in an estimated price of approximately £120,655.
| 17 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £80,000 | £40,655 | £120,655 |
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 | 67.435 % | £53,947 | £133,947 |
| 3 Month Average | 24.724 % | £19,778 | £99,778 |
| 6 Month Average | 26.304 % | £21,042 | £101,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £120,349 | £118,500 | 1 MALVINS ROAD |
| 15 Dec 2023 | £67,061 | £65,000 | 13 KINGS GARDENS |
| 13 Dec 2023 | £113,487 | £110,000 | 13 EARLS GARDENS |
| 3 Nov 2023 | £66,283 | £64,600 | 16 THORNEYBURN WAY |
| 9 Oct 2023 | £92,092 | £90,000 | 33 KINGS GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Jul 2013. Using an estimated price of £120,655 means this house is valued at £1,630 per sq meter (£151 per sq foot).
The average size of a house on EARLS GARDENS is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Earl'S Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Earl'S Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Earl'S Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Earl'S Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Earl'S Gardens |