£155,757
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£125,000 | 24 Aug 2018 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 August 2018 the House Price Index for NORTHUMBERLAND was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £125,000 results in an estimated price of approximately £155,757.
24 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £125,000 | £30,757 | £155,757 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 219.695 % | £274,618 | £399,618 |
3 Month Average | 80.741 % | £100,926 | £225,926 |
6 Month Average | 51.784 % | £64,730 | £189,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £126,950 | £125,000 | 5 GRAHAMS YARD |
12 Dec 2023 | £190,865 | £185,000 | THE ROYAL AIR FORCES ASSOCIATION, 15 LISBURN STREET |
5 Dec 2023 | £262,052 | £254,000 | 3 HOWICK STREET |
13 Nov 2023 | £135,438 | £132,000 | 3 OGLE TERRACE |
14 Sep 2023 | £127,818 | £125,000 | 7 THE MALTINGS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Jun 2016. Using an estimated price of £155,758 means this house is valued at £2,884 per sq meter (£267 per sq foot).
The average size of a house on THE MALTINGS is 64 sq meters (698 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near King Street | |
Aug 2024 | Anti-social behaviour | On or near King Street | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near King Street |
Aug 2024 | Anti-social behaviour | On or near King Street | |
Jul 2024 | Anti-social behaviour | On or near King Street |