£193,893
This estimated value is based upon the latest sale price for the house of £150,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £150,000 | 28 Apr 2017 |
| £165,000 | 11 Jun 2014 |
| £155,000 | 15 Dec 2005 |
| £107,000 | 15 Aug 2003 |
| £56,000 | 29 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 629 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £150,000 results in an estimated price of approximately £193,893.
| 28 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £150,000 | £43,893 | £193,893 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | -38.860 % | £-58,289 | £91,710 |
| 3 Month Average | -5.205 % | £-7,807 | £142,192 |
| 6 Month Average | 3.900 % | £5,850 | £155,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £567,640 | £560,000 | 14 ELVASTON ROAD |
| 20 Jun 2023 | £293,556 | £290,000 | 21 GIBSON FIELDS |
| 12 Aug 2022 | £334,101 | £335,000 | 16 MOONFIELD |
| 2 Aug 2022 | £286,728 | £287,500 | 9 MOONFIELD |
| 26 Jul 2022 | £967,605 | £965,000 | 20 ELVASTON ROAD |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 24 Mar 2011. Using an estimated price of £193,894 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on GIBSON FIELDS is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastgate |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near St Hilda'S Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Nicholas Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Nicholas Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Nicholas Road |