£151,720
This estimated value is based upon the latest sale price for the house of £136,000 on 6 May 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £136,000 | 6 May 2021 |
| £110,000 | 7 Apr 2017 |
| £137,500 | 7 May 2014 |
| £125,000 | 10 Jun 2011 |
| £124,500 | 20 Dec 2007 |
| £117,500 | 24 Mar 2005 |
| £113,500 | 1 Dec 2004 |
| £112,000 | 29 Mar 2004 |
| £20,000 | 12 Dec 2001 |
| £27,500 | 19 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 506 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 May 2021 the House Price Index for NORTHUMBERLAND was 131.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 11.559%.Applying this 11.559% change to the original purchase price of £136,000 results in an estimated price of approximately £151,720.
| 6 May 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 146.7 | 11.559 % | £136,000 | £15,720 | £151,720 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -46.865 % | £-63,737 | £72,262 |
| 3 Month Average | -24.382 % | £-33,158 | £102,841 |
| 6 Month Average | -2.593 % | £-3,526 | £132,473 |
This house has a floor area of 47 sq meters or 506 sq feet when measured on 14 Feb 2011.
The average size of a house on BAILIFFGATE is 112 sq meters (1,208 sq feet).