£90,438
This estimated value is based upon the latest sale price for the house of £55,000 on 7 Jun 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £55,000 | 7 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2013 the House Price Index for NORTHUMBERLAND was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £55,000 results in an estimated price of approximately £90,438.
| 7 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £55,000 | £35,438 | £90,438 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 52.210 % | £28,715 | £83,715 |
| 3 Month Average | 29.229 % | £16,075 | £71,075 |
| 6 Month Average | 55.074 % | £30,290 | £85,290 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 Jul 2013.
The average size of a house on MILLBANK PLACE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Millbank Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Haig Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Haig Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Haig Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Haig Road |