£214,363
This estimated value is based upon the latest sale price for the house of £173,500 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £173,500 | 28 Nov 2019 |
| £235,000 | 19 Nov 2010 |
| £204,000 | 16 Mar 2007 |
| £179,950 | 8 Apr 2004 |
| £117,500 | 23 Jul 2001 |
| £81,000 | 23 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £173,500 results in an estimated price of approximately £214,363.
| 28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £173,500 | £40,863 | £214,363 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 28.509 % | £49,463 | £222,963 |
| 3 Month Average | 34.823 % | £60,417 | £233,917 |
| 6 Month Average | 40.143 % | £69,647 | £243,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £313,822 | £309,000 | 6 ALGERNON TERRACE |
| 28 Feb 2023 | £302,017 | £300,000 | 23 ALGERNON TERRACE |
| 7 Jul 2022 | £820,219 | £812,000 | STONE CUTTERS CHURCH ROAD |
| 14 Jun 2022 | £536,468 | £525,000 | 7 THE ORCHARD |
| 8 Jun 2022 | £471,070 | £461,000 | 5 CHERRY TREE LANE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 16 May 2019. Using an estimated price of £214,363 means this house is valued at £2,041 per sq meter (£189 per sq foot).
There is one other house on the street which we know the size of, this is 2 ROSE COTTAGES it is 69.09
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Ovingham Road | |
| May 2024 | Anti-social behaviour | On or near Ovingham Road | |
| May 2024 | Anti-social behaviour | On or near Ovingham Road | |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapel Lane |
| Jun 2024 | Anti-social behaviour | On or near Chapel Lane |