£142,837
This estimated value is based upon the latest sale price for the house of £84,950 on 18 Sep 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £84,950 | 18 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 September 2006 the House Price Index for NORTHUMBERLAND was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £84,950 results in an estimated price of approximately £142,837.
| 18 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.143 % | £84,950 | £57,887 | £142,837 |
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 | -37.774 % | £-32,089 | £52,860 |
| 3 Month Average | -4.528 % | £-3,846 | £81,103 |
| 6 Month Average | 8.881 % | £7,544 | £92,494 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Mar 2016.
The average size of a house on COUNCIL ROAD is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Shopping Area |