£804,949
This estimated value is based upon the latest sale price for the house of £595,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£595,000 | 26 May 2016 |
Terraced |
Freehold |
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 2016 the House Price Index for NORTHUMBERLAND was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £595,000 results in an estimated price of approximately £804,949.
26 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £595,000 | £209,949 | £804,949 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 6.831 % | £40,642 | £635,642 |
3 Month Average | 35.747 % | £212,695 | £807,695 |
6 Month Average | 28.538 % | £169,798 | £764,798 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £409,296 | £400,000 | THE SCHOOL HOUSE FOXTON ROAD |
18 Aug 2023 | £356,429 | £350,000 | 8 RIVER BANK ROAD |
14 Jun 2023 | £319,401 | £313,000 | 26A NORTHUMBERLAND STREET |
6 Apr 2023 | £738,819 | £725,000 | SHEPHERDS COTTAGE MOUNT PLEASANT |
4 Apr 2023 | £433,101 | £425,000 | 2 GROSVENOR TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Alnwood | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Garden Terrace |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Argyle Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Argyle Street |