£83,252
This estimated value is based upon the latest sale price for the house of £67,500 on 4 Jul 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £67,500 | 4 Jul 2019 |
| £30,000 | 14 May 2019 |
| £72,500 | 23 Feb 2007 |
| £33,000 | 14 Nov 2003 |
| £9,500 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2019 the House Price Index for NORTHUMBERLAND was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £67,500 results in an estimated price of approximately £83,252.
| 4 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £67,500 | £15,752 | £83,252 |
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 | 56.250 % | £37,968 | £105,468 |
| 3 Month Average | -3.554 % | £-2,398 | £65,101 |
| 6 Month Average | 0.723 % | £488 | £67,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £131,954 | £130,000 | 4 PRINCESS LOUISE ROAD |
| 4 Jul 2023 | £65,887 | £65,000 | 8 PRINCESS LOUISE ROAD |
| 6 Apr 2023 | £55,599 | £55,000 | 2 ALDBOROUGH STREET |
| 20 Jan 2023 | £49,766 | £50,000 | 12 PRINCESS LOUISE ROAD |
| 6 Apr 2022 | £113,278 | £110,000 | 1 RICHARD STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Jul 2019. Using an estimated price of £83,253 means this house is valued at £1,003 per sq meter (£93 per sq foot).
The average size of a house on BARNARD STREET is 110 sq meters (1,192 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richard Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Richard Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richard Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richard Street |
| Jan 2024 | Anti-social behaviour | On or near Rowley Street |