£322,803
This estimated value is based upon the latest sale price for the house of £320,000 on 18 Apr 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £320,000 | 18 Apr 2024 |
| £200,000 | 10 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 April 2024 the House Price Index for NORTHUMBERLAND was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £320,000 results in an estimated price of approximately £322,803.
| 18 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £320,000 | £2,803 | £322,803 |
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 | -31.685 % | £-101,392 | £218,607 |
| 3 Month Average | -30.131 % | £-96,420 | £223,579 |
| 6 Month Average | -13.602 % | £-43,526 | £276,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £322,803 | £320,000 | 3 GOVERNORS GARDENS |
| 26 Oct 2023 | £286,507 | £280,000 | 7 GOVERNORS GARDENS |
| 12 Sep 2023 | £366,070 | £358,000 | 14 NESS STREET |
| 1 Jun 2023 | £140,312 | £137,500 | 6 NESS STREET |
| 29 Jul 2022 | £667,690 | £661,000 | 3 THE AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Mar 2016. Using an estimated price of £322,803 means this house is valued at £3,260 per sq meter (£302 per sq foot).
The average size of a house on GOVERNORS GARDENS is 116 sq meters (1,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Foul Ford |