£75,474
This estimated value is based upon the latest sale price for the house of £40,750 on 4 Jul 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £40,750 | 4 Jul 2005 |
| Terraced |
| Freehold |
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 2005 the House Price Index for NORTHUMBERLAND was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £40,750 results in an estimated price of approximately £75,474.
| 4 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £40,750 | £34,724 | £75,474 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 79.730 % | £32,489 | £73,239 |
| 3 Month Average | 56.710 % | £23,109 | £63,859 |
| 6 Month Average | 72.979 % | £29,738 | £70,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £177,731 | £175,000 | 53 PRIORY PARK |
| 27 Sep 2023 | £134,975 | £132,000 | 44 PRIORY PARK |
| 13 Jun 2023 | £229,601 | £225,000 | 41 PRIORY PARK |
| 14 Mar 2023 | £177,972 | £175,000 | 12 PRIORY PARK |
| 1 Feb 2023 | £161,076 | £160,000 | 52 PRIORY PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Anne Crescent |
| Aug 2024 | Drugs | Under investigation | On or near Anne Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anne Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Anne Crescent |