£60,156
This estimated value is based upon the latest sale price for the house of £47,500 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £47,500 | 21 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 December 2017 the House Price Index for NORTHUMBERLAND was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £47,500 results in an estimated price of approximately £60,156.
| 21 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £47,500 | £12,656 | £60,156 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 84.081 % | £39,938 | £87,438 |
| 3 Month Average | 33.771 % | £16,041 | £63,541 |
| 6 Month Average | 16.498 % | £7,836 | £55,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £35,546 | £35,000 | 143 PONT STREET |
| 12 Dec 2023 | £73,767 | £71,500 | 291 SYCAMORE STREET |
| 30 Nov 2023 | £144,672 | £141,000 | 38 ROWLINGTON TERRACE |
| 9 Oct 2023 | £41,237 | £40,300 | 333 SYCAMORE STREET |
| 30 Aug 2023 | £50,918 | £50,000 | 146 PONT STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Sep 2021. Using an estimated price of £60,156 means this house is valued at £633 per sq meter (£58 per sq foot).
The average size of a house on MILBURN ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Nov 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |