£103,434
This estimated value is based upon the latest sale price for the house of £100,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£100,000 | 8 Jul 2022 |
£77,500 | 22 Aug 2016 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2022 the House Price Index for NORTHUMBERLAND was 99.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 3.434%.Applying this 3.434% change to the original purchase price of £100,000 results in an estimated price of approximately £103,434.
8 Jul 2022 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.0 | 102.4 | 3.434 % | £100,000 | £3,434 | £103,434 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 79.726 % | £79,726 | £179,726 |
3 Month Average | 12.044 % | £12,043 | £112,043 |
6 Month Average | 10.470 % | £10,469 | £110,469 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jan 2025 | £95,466 | £95,000 | 45 MILLFIELD |
20 Dec 2024 | £202,172 | £200,000 | 10 VICARAGE TERRACE |
18 Nov 2024 | £152,179 | £149,950 | 1 PERRYSTONE MEWS |
23 Sep 2024 | £82,079 | £79,995 | 50 FRONT STREET EAST |
29 Apr 2024 | £111,463 | £107,000 | 19 MILLFIELD NORTH |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Mar 2016. Using an estimated price of £103,434 means this house is valued at £1,261 per sq meter (£117 per sq foot).
The average size of a house on MILLFIELD NORTH is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Anti-social behaviour | On or near Millfield North | |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Millfield North |
Feb 2025 | Anti-social behaviour | On or near Millfield North | |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Millfield North |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Millfield North |