£94,871
This estimated value is based upon the latest sale price for the house of £92,500 on 25 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £92,500 | 25 Apr 2022 |
| Flats/Maisonettes |
| 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 April 2022 the House Price Index for NORTHUMBERLAND was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £92,500 results in an estimated price of approximately £94,871.
| 25 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £92,500 | £2,371 | £94,871 |
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 | -19.345 % | £-17,894 | £74,605 |
| 3 Month Average | -16.473 % | £-15,237 | £77,262 |
| 6 Month Average | -5.535 % | £-5,119 | £87,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £161,047 | £158,000 | 7 GARDEN TERRACE |
| 4 Aug 2023 | £155,948 | £155,000 | 3 ALBION TERRACE |
| 30 Jun 2023 | £116,948 | £116,000 | 3 TYNE GREEN MEWS |
| 31 Mar 2023 | £45,245 | £45,000 | FLAT D GISLAND HOUSE, 45 GILESGATE |
| 5 Jan 2023 | £91,199 | £92,000 | 5 CIRCLE PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Circle Place |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tanners Row |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Glovers Place |
| Mar 2024 | Anti-social behaviour | On or near Glovers Place |