£419,482
This estimated value is based upon the latest sale price for the house of £249,995 on 18 Jun 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £249,995 | 18 Jun 2013 |
| £245,000 | 20 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 June 2013 the House Price Index for NORTHUMBERLAND was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £249,995 results in an estimated price of approximately £419,482.
| 18 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £249,995 | £169,487 | £419,482 |
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 | 199.941 % | £499,841 | £749,836 |
| 3 Month Average | 101.082 % | £252,700 | £502,695 |
| 6 Month Average | 64.277 % | £160,690 | £410,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £190,865 | £185,000 | THE ROYAL AIR FORCES ASSOCIATION, 15 LISBURN STREET |
| 8 Dec 2023 | £232,133 | £225,000 | 35 UPPER HOWICK STREET |
| 5 Dec 2023 | £262,052 | £254,000 | 3 HOWICK STREET |
| 21 Aug 2023 | £239,825 | £235,500 | 5 ARMSTRONG PLACE |
| 25 Jan 2023 | £90,241 | £90,000 | 4 LISBURN STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 10 Aug 2012. Using an estimated price of £419,482 means this house is valued at £3,585 per sq meter (£333 per sq foot).
The average size of a house on UPPER HOWICK STREET is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Lisburn Street |