£151,545
This estimated value is based upon the latest sale price for the house of £60,000 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £60,000 | 20 Dec 2002 |
| £35,000 | 12 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2002 the House Price Index for NORTHUMBERLAND was 58.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 152.576%.Applying this 152.576% change to the original purchase price of £60,000 results in an estimated price of approximately £151,545.
| 20 Dec 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.0 | 152.576 % | £60,000 | £91,545 | £151,545 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -12.776 % | £-7,665 | £52,334 |
| 3 Month Average | 8.493 % | £5,095 | £65,095 |
| 6 Month Average | 50.182 % | £30,108 | £90,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £100,612 | £100,000 | 12 VICTORIA TERRACE |
| 2 Jun 2023 | £95,777 | £95,000 | 10 HOLYOAKE STREET |
| 14 Apr 2023 | £94,704 | £94,000 | 18 NEALE STREET |
| 24 Feb 2023 | £99,529 | £100,000 | 18A FRONT STREET |
| 11 Feb 2022 | £86,690 | £83,000 | 5 NEALE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Jul 2021. Using an estimated price of £151,546 means this house is valued at £1,918 per sq meter (£178 per sq foot).
The average size of a house on NEALE STREET is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Police Station |