£111,356
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Jan 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 20 Jan 2014 |
| £105,000 | 12 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 700 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 January 2014 the House Price Index for NORTHUMBERLAND was 93.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.080%.Applying this 59.080% change to the original purchase price of £70,000 results in an estimated price of approximately £111,356.
| 20 Jan 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.0 | 59.080 % | £70,000 | £41,356 | £111,356 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 87.624 % | £61,337 | £131,337 |
| 3 Month Average | 115.417 % | £80,792 | £150,792 |
| 6 Month Average | 76.921 % | £53,844 | £123,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £126,000 | £126,000 | 2 COLLEGE PLACE |
| 11 Aug 2023 | £37,226 | £37,000 | 38 MARYGATE |
| 28 Jul 2023 | £151,432 | £150,000 | 8 TINTAGEL HOUSE LOVE LANE |
| 11 Jul 2023 | £217,053 | £215,000 | 4 WELL CLOSE SQUARE |
| 31 Mar 2023 | £165,595 | £164,700 | 2 WELL CLOSE SQUARE |
This house has a floor area of 65 sq meters or 700 sq feet when measured on 6 Sep 2011. Using an estimated price of £111,356 means this house is valued at £1,711 per sq meter (£158 per sq foot).
The average size of a house on WALKERGATE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Greenside Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Greenside Avenue |