£68,880
This estimated value is based upon the latest sale price for the house of £67,500 on 8 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near West Salisbury Street
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| Price Paid | Date |
|---|---|
| £67,500 | 8 Jun 2023 |
| £94,950 | 8 Apr 2005 |
| £53,000 | 27 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 June 2023 the House Price Index for NORTHUMBERLAND was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £67,500 results in an estimated price of approximately £68,880.
| 8 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £67,500 | £1,380 | £68,880 |
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 | 158.884 % | £107,246 | £174,746 |
| 3 Month Average | 27.002 % | £18,226 | £85,726 |
| 6 Month Average | 24.923 % | £16,823 | £84,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £74,139 | £73,000 | 66 GOSCHEN STREET |
| 17 Nov 2023 | £51,302 | £50,000 | 94 SALISBURY STREET |
| 8 Jun 2023 | £68,880 | £67,500 | 162 SALISBURY STREET |
| 24 Mar 2023 | £30,510 | £30,000 | 156 GLADSTONE STREET |
| 24 Mar 2023 | £91,529 | £90,000 | 188 BEAUMONT STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 29 Aug 2014. Using an estimated price of £68,880 means this house is valued at £626 per sq meter (£58 per sq foot).
The average size of a house on SALISBURY STREET is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near West Salisbury Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Durban Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Durban Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Durban Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Durban Street |