£128,444
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Nov 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 Nov 2022 |
| £118,000 | 27 Aug 2021 |
| £102,000 | 21 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2022 the House Price Index for NORTHUMBERLAND was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £130,000 results in an estimated price of approximately £128,444.
| 30 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £130,000 | £-1,555 | £128,444 |
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 | -21.925 % | £-28,502 | £101,497 |
| 3 Month Average | -31.755 % | £-41,281 | £88,718 |
| 6 Month Average | -8.345 % | £-10,848 | £119,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £139,787 | £138,000 | 100 CASTLE ROAD |
| 31 Aug 2023 | £133,569 | £132,400 | 9 CASTLE VIEW |
| 18 Jul 2023 | £108,460 | £107,000 | 31 CASTLE ROAD |
| 14 Jul 2023 | £94,269 | £93,000 | 35 MASTERS CRESCENT |
| 27 Jun 2023 | £80,981 | £80,000 | 46 CASTLE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Mar 2017. Using an estimated price of £128,444 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on CASTLE VIEW is 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Castle View | |
| Apr 2024 | Anti-social behaviour | On or near Castle View | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cheyne Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cheyne Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cheyne Road |