£63,558
This estimated value is based upon the latest sale price for the house of £59,950 on 18 Jan 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £59,950 | 18 Jan 2022 |
| £82,500 | 24 Jul 2008 |
| £61,000 | 1 Aug 2007 |
| £20,000 | 8 Nov 2002 |
| £21,500 | 28 Apr 2000 |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 January 2022 the House Price Index for NORTHUMBERLAND was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £59,950 results in an estimated price of approximately £63,558.
| 18 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £59,950 | £3,608 | £63,558 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 93.358 % | £55,968 | £115,918 |
| 3 Month Average | 21.315 % | £12,778 | £72,728 |
| 6 Month Average | 15.249 % | £9,142 | £69,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £116,007 | £115,000 | 8 WAVERLEY DRIVE |
| 8 Mar 2024 | £39,101 | £38,500 | 33A JUBILEE TERRACE |
| 27 Oct 2023 | £102,324 | £100,000 | 1 MELROSE TERRACE |
| 23 Oct 2023 | £54,232 | £53,000 | 18A JUBILEE TERRACE |
| 5 Apr 2023 | £132,478 | £130,000 | 18 WAVERLEY DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 12 Oct 2021. Using an estimated price of £63,559 means this house is valued at £921 per sq meter (£85 per sq foot).
The average size of a house on JUBILEE TERRACE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Jubilee Mews |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jubilee Mews |
| Sep 2024 | Anti-social behaviour | On or near Jubilee Mews | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jubilee Mews |
| Jun 2024 | Public order | Under investigation | On or near Jubilee Mews |