£130,538
This estimated value is based upon the latest sale price for the house of £71,500 on 27 May 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £71,500 | 27 May 2005 |
| £40,000 | 27 Nov 2003 |
| £26,500 | 17 Nov 2000 |
| £26,250 | 17 May 1996 |
| Flats/Maisonettes |
| Leasehold |
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 May 2005 the House Price Index for NORTHUMBERLAND was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £71,500 results in an estimated price of approximately £130,538.
| 27 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £71,500 | £59,038 | £130,538 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 65.353 % | £46,727 | £118,227 |
| 3 Month Average | 45.823 % | £32,763 | £104,263 |
| 6 Month Average | 48.902 % | £34,964 | £106,464 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Park Road | |
| Feb 2024 | Anti-social behaviour | On or near Park Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |