£218,941
This estimated value is based upon the latest sale price for the house of £204,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £204,000 | 30 Sep 2021 |
| £225,000 | 5 Dec 2006 |
| Terraced |
| Leasehold |
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 2021 the House Price Index for NORTHUMBERLAND was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £204,000 results in an estimated price of approximately £218,941.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £204,000 | £14,941 | £218,941 |
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 | -32.460 % | £-66,218 | £137,781 |
| 3 Month Average | -27.728 % | £-56,564 | £147,435 |
| 6 Month Average | -2.185 % | £-4,457 | £199,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £189,795 | £188,000 | 12 NORTH TERRACE |
| 20 Jun 2023 | £292,371 | £290,000 | 21 GIBSON FIELDS |
| 30 Jan 2023 | £280,040 | £282,500 | 16 NORTH TERRACE |
| 12 Jan 2023 | £174,468 | £176,000 | 3 VINE COURT |
| 26 Aug 2022 | £79,463 | £80,000 | 2 JUBILEE BUILDINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastgate |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cattle Market |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Cattle Market |
| Jan 2024 | Anti-social behaviour | On or near Cattle Market | |
| Jan 2024 | Anti-social behaviour | On or near Cattle Market |