£1,127,556
This estimated value is based upon the latest sale price for the house of £184,000 on 31 Jul 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £184,000 | 31 Jul 2024 |
| £144,000 | 5 May 2017 |
| £133,000 | 28 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 July 2024 the House Price Index for NORTHUMBERLAND was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £184,000 results in an estimated price of approximately £1,127,556.
| 31 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £184,000 | £943,556 | £1,127,556 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | -41.046 % | £-75,523 | £108,476 |
| 3 Month Average | -8.152 % | £-15,000 | £168,999 |
| 6 Month Average | -8.592 % | £-15,808 | £168,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £1,644,950 | £1,619,677 | 58 - 68 MARYGATE |
| 20 Nov 2023 | £138,516 | £135,000 | 27 CHURCH STREET |
| 26 Oct 2023 | £279,344 | £273,000 | 3 PARADE SCHOOL MEWS |
| 24 Oct 2023 | £1,432,536 | £1,400,000 | 76 MARYGATE |
| 11 Aug 2023 | £37,680 | £37,000 | 38 MARYGATE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Feb 2013.
The average size of a house on CHAPEL STREET is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chapel Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near Church Street |