£114,031
This estimated value is based upon the latest sale price for the house of £89,000 on 2 Jun 2017. 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 Brucegate
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| Price Paid | Date |
|---|---|
| £89,000 | 2 Jun 2017 |
| £45,000 | 14 Nov 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2017 the House Price Index for NORTHUMBERLAND was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £89,000 results in an estimated price of approximately £114,031.
| 2 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £89,000 | £25,031 | £114,031 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 1004.666 % | £894,152 | £983,152 |
| 3 Month Average | 91.960 % | £81,844 | £170,844 |
| 6 Month Average | 47.258 % | £42,059 | £131,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £234,096 | £230,000 | 18 HIGH GREENS |
| 6 Nov 2023 | £314,658 | £310,000 | 3 SCOTTS PLACE |
| 11 Jul 2023 | £217,933 | £215,000 | 4 WELL CLOSE SQUARE |
| 31 Mar 2023 | £166,266 | £164,700 | 2 WELL CLOSE SQUARE |
| 17 Mar 2023 | £186,760 | £185,000 | 39 LOW GREENS |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 28 Mar 2014. Using an estimated price of £114,032 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on BRUCEGATE is 92 sq meters (997 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Brucegate |
| Feb 2024 | Anti-social behaviour | On or near Ivy Place | |
| Feb 2024 | Anti-social behaviour | On or near Ivy Place | |
| Dec 2023 | Anti-social behaviour | On or near Ivy Place | |
| Dec 2023 | Anti-social behaviour | On or near Ivy Place |