£105,009
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £85,000 | 2 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £85,000 results in an estimated price of approximately £105,009.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £85,000 | £20,009 | £105,009 |
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 | 48.532 % | £41,251 | £126,251 |
| 3 Month Average | 100.793 % | £85,674 | £170,674 |
| 6 Month Average | 36.501 % | £31,025 | £116,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £81,859 | £80,000 | 7 TULIP STREET |
| 22 Aug 2023 | £84,524 | £83,000 | 14 LEABURN TERRACE |
| 27 Apr 2023 | £219,098 | £215,000 | 9 LEAWAY |
| 3 Mar 2023 | £61,019 | £60,000 | 6 BEECH GROVE |
| 6 Feb 2023 | £118,794 | £118,000 | 1 BEECH GROVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Mar 2019. Using an estimated price of £105,009 means this house is valued at £1,400 per sq meter (£130 per sq foot).
The average size of a house on LEABURN TERRACE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jun 2024 | Possession of weapons | Under investigation | On or near Parking Area |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| May 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near West Road |