£47,269
This estimated value is based upon the latest sale price for the house of £39,999 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £39,999 | 2 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £39,999 results in an estimated price of approximately £47,269.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £39,999 | £7,270 | £47,269 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 32.915 % | £13,165 | £53,164 |
| 3 Month Average | 29.375 % | £11,749 | £51,748 |
| 6 Month Average | 10.726 % | £4,290 | £44,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £48,490 | £47,000 | 227 MAPLE STREET |
| 8 Feb 2023 | £80,538 | £80,000 | 241 MAPLE STREET |
| 13 May 2022 | £60,578 | £59,000 | 227 CHESTNUT STREET |
| 17 Feb 2022 | £44,371 | £42,000 | 186 HAWTHORN ROAD |
| 11 Feb 2022 | £52,823 | £50,000 | 229A HAWTHORN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 13 Feb 2020. Using an estimated price of £47,269 means this house is valued at £630 per sq meter (£58 per sq foot).
The average size of a house on CHESTNUT STREET is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Nov 2024 | Anti-social behaviour | On or near Fifth Avenue | |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
| Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Nov 2024 | Public order | Investigation complete; no suspect identified | On or near Fifth Avenue |