£340,124
This estimated value is based upon the latest sale price for the house of £186,950 on 14 Sep 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £186,950 | 14 Sep 2005 |
| £93,950 | 9 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 September 2005 the House Price Index for NORTHUMBERLAND was 81.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.933%.Applying this 81.933% change to the original purchase price of £186,950 results in an estimated price of approximately £340,124.
| 14 Sep 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.0 | 81.933 % | £186,950 | £153,174 | £340,124 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -41.948 % | £-78,421 | £108,528 |
| 3 Month Average | -23.304 % | £-43,567 | £143,382 |
| 6 Month Average | 0.953 % | £1,781 | £188,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £179,394 | £176,000 | 25 TOWNELEY COURT |
| 14 Jul 2023 | £39,877 | £39,500 | BALLOON HOUSE BROOMHOUSE LANE |
| 4 May 2022 | £233,471 | £230,000 | 9 VICTORIA GROVE |
| 7 Feb 2022 | £235,004 | £225,000 | 2 SCHOOL ROW |
| 3 Feb 2022 | £323,783 | £310,000 | 2 NORTHUMBERLAND COURT |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 20 Feb 2015. Using an estimated price of £340,124 means this house is valued at £2,596 per sq meter (£241 per sq foot).
The average size of a house on SCHOOL ROW is 119 sq meters (1,283 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near School Row | |
| Mar 2024 | Anti-social behaviour | On or near School Row | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove |