£290,301
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Jul 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £190,000 | 24 Jul 2014 |
| £170,000 | 23 Feb 2006 |
| £140,000 | 13 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 July 2014 the House Price Index for NORTHUMBERLAND was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £190,000 results in an estimated price of approximately £290,301.
| 24 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £190,000 | £100,301 | £290,301 |
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 | 645.955 % | £1,227,315 | £1,417,315 |
| 3 Month Average | 68.717 % | £130,563 | £320,563 |
| 6 Month Average | 52.372 % | £99,507 | £289,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £95,838 | £95,000 | 7 THE OLD CORN EXCHANGE SANDGATE |
| 28 Feb 2023 | £89,939 | £90,000 | 16 THE OLD CORN EXCHANGE SANDGATE |
| 15 Jul 2022 | £85,229 | £85,000 | 26 FOUL FORD |
| 6 Jul 2022 | £254,686 | £254,000 | 31 PALACE STREET |
| 31 May 2022 | £430,104 | £422,000 | THE MERCHANTS HOUSE, 14 PALACE STREET |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 24 Jun 2013. Using an estimated price of £290,302 means this house is valued at £1,770 per sq meter (£164 per sq foot).
The average size of a house on PALACE STREET is 205 sq meters (2,211 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palace Street |
| Jan 2024 | Public order | Under investigation | On or near Foul Ford |
| Dec 2023 | Anti-social behaviour | On or near Foul Ford | |
| Dec 2023 | Anti-social behaviour | On or near Foul Ford | |
| Dec 2023 | Anti-social behaviour | On or near Foul Ford |