£59,651
This estimated value is based upon the latest sale price for the house of £25,000 on 12 May 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £25,000 | 12 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 125 sq meters or 1,345 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 May 2003 the House Price Index for NORTHUMBERLAND was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £25,000 results in an estimated price of approximately £59,651.
| 12 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £25,000 | £34,651 | £59,651 |
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 | 118.216 % | £29,553 | £54,553 |
| 3 Month Average | 192.785 % | £48,196 | £73,196 |
| 6 Month Average | 200.490 % | £50,122 | £75,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £470,000 | £470,000 | BERWICK HOUSE, 2 BRIDGE TERRACE |
| 7 Aug 2024 | £310,000 | £310,000 | 51 BRIDGE STREET |
| 14 Sep 2023 | £82,826 | £81,000 | 3 EASTER WYND |
| 12 Sep 2023 | £231,708 | £226,600 | 28 BRIDGE STREET |
| 4 Aug 2023 | £108,965 | £107,000 | 60 BRIDGE STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 1 May 2013. Using an estimated price of £59,651 means this house is valued at £477 per sq meter (£44 per sq foot).
The average size of a house on QUAY WALLS is 141 sq meters (1,524 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Sally Port | |
| Aug 2024 | Anti-social behaviour | On or near Sally Port | |
| Aug 2024 | Anti-social behaviour | On or near Sally Port | |
| Jul 2024 | Anti-social behaviour | On or near Sally Port | |
| Jul 2024 | Anti-social behaviour | On or near Sally Port |