£137,354
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near South Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £120,000 | 30 Jul 2021 |
| £46,000 | 2 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £120,000 results in an estimated price of approximately £137,354.
| 30 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £120,000 | £17,354 | £137,354 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 17.515 % | £21,017 | £141,017 |
| 3 Month Average | -14.088 % | £-16,905 | £103,094 |
| 6 Month Average | 67.581 % | £81,097 | £201,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £91,736 | £90,000 | 58 WEETWOOD AVENUE |
| 24 Aug 2023 | £125,765 | £125,000 | 76 WEETWOOD AVENUE |
| 30 Jun 2023 | £90,736 | £90,000 | 87 WEETWOOD AVENUE |
| 24 Mar 2023 | £351,852 | £349,950 | 7 - 9 SOUTH ROAD |
| 3 Feb 2023 | £165,716 | £166,500 | 4 WHITSUN VIEW |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Jun 2021. Using an estimated price of £137,355 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on WEETWOOD ROAD is 133 sq meters (1,437 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near South Road | |
| Mar 2024 | Anti-social behaviour | On or near South Road | |
| Feb 2024 | Other theft | Under investigation | On or near South Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near South Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Road |