£123,261
This estimated value is based upon the latest sale price for the house of £65,000 on 12 Nov 2004. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £65,000 | 12 Nov 2004 |
| £42,000 | 6 Nov 2003 |
| £32,000 | 12 Jul 2002 |
| £27,000 | 17 Oct 1997 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 55 sq meters or 592 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 November 2004 the House Price Index for NORTHUMBERLAND was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £65,000 results in an estimated price of approximately £123,261.
| 12 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £65,000 | £58,261 | £123,261 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 130.645 % | £84,919 | £149,919 |
| 3 Month Average | 66.065 % | £42,942 | £107,942 |
| 6 Month Average | 59.866 % | £38,912 | £103,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £45,394 | £45,000 | 44 PRINCESS LOUISE ROAD |
| 16 Nov 2023 | £61,563 | £60,000 | 23 COOMASSIE ROAD |
| 30 Jun 2023 | £61,227 | £60,000 | 19 COOMASSIE ROAD |
| 17 Feb 2023 | £81,041 | £80,500 | 41 PRINCESS LOUISE ROAD |
| 3 Aug 2022 | £65,808 | £65,500 | 40 PRINCESS LOUISE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Mar 2016. Using an estimated price of £123,261 means this house is valued at £2,241 per sq meter (£208 per sq foot).
The average size of a house on PRINCESS LOUISE ROAD is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Haughton Terrace |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Haughton Terrace |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Haughton Terrace |
| Sep 2024 | Vehicle crime | Under investigation | On or near Haughton Terrace |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Haughton Terrace |