£104,974
This estimated value is based upon the latest sale price for the house of £22,500 on 23 Oct 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £22,500 | 23 Oct 1998 |
| Terraced |
| Freehold |
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 1998 the House Price Index for NORTHUMBERLAND was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £22,500 results in an estimated price of approximately £104,974.
| 23 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £22,500 | £82,474 | £104,974 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 333.003 % | £74,925 | £97,425 |
| 3 Month Average | 285.964 % | £64,341 | £86,841 |
| 6 Month Average | 273.074 % | £61,441 | £83,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £86,975 | £85,000 | 8 RIVER VIEW |
| 18 Oct 2023 | £75,208 | £73,500 | 22 BRIDGE ROAD |
| 22 Sep 2023 | £89,472 | £87,500 | 22A ALBION TERRACE |
| 14 Sep 2023 | £56,751 | £55,500 | 84 DALTON AVENUE |
| 13 Apr 2023 | £45,858 | £45,000 | 4 OAKLAND TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Oakland Terrace | |
| Aug 2024 | Vehicle crime | Under investigation | On or near Oakland Terrace |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakland Terrace |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakland Terrace |
| Jun 2024 | Public order | Under investigation | On or near Oakland Terrace |