£285,291
This estimated value is based upon the latest sale price for the house of £275,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £275,000 | 29 Apr 2022 |
| £80,000 | 30 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 April 2022 the House Price Index for NORTHUMBERLAND was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £275,000 results in an estimated price of approximately £285,291.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £275,000 | £10,291 | £285,291 |
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 | 7.505 % | £20,637 | £295,637 |
| 3 Month Average | 67.179 % | £184,743 | £459,743 |
| 6 Month Average | 21.747 % | £59,803 | £334,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £362,500 | £362,500 | 24 VICTORIA ROAD |
| 3 May 2024 | £94,000 | £94,000 | 17 TENTER HILL |
| 15 Apr 2024 | £207,300 | £205,500 | 4 FENTON DRIVE |
| 4 Mar 2024 | £55,858 | £55,000 | 24 HIGH STREET |
| 15 Dec 2023 | £180,548 | £175,000 | 1 QUEENS ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 Jul 2013. Using an estimated price of £285,291 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on QUEENS ROAD is 167 sq meters (1,807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Queen'S Road |
| Apr 2024 | Public order | Under investigation | On or near Queen'S Road |
| Jun 2024 | Anti-social behaviour | On or near Glendale Road | |
| Jun 2024 | Anti-social behaviour | On or near Glendale Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near High Street |