£525,008
This estimated value is based upon the latest sale price for the house of £154,995 on 6 Jul 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £154,995 | 6 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 July 2001 the House Price Index for NORTHUMBERLAND was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £154,995 results in an estimated price of approximately £525,008.
| 6 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £154,995 | £370,013 | £525,008 |
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 | 120.857 % | £187,321 | £342,316 |
| 3 Month Average | 233.075 % | £361,254 | £516,249 |
| 6 Month Average | 150.032 % | £232,541 | £387,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £181,580 | £176,000 | 25 TOWNELEY COURT |
| 27 Oct 2023 | £373,483 | £365,000 | 18 NORTH WYLAM VIEW |
| 17 Oct 2023 | £322,321 | £315,000 | 5 NORTHUMBERLAND COURT |
| 4 May 2022 | £236,152 | £230,000 | 9 VICTORIA GROVE |
| 7 Feb 2022 | £237,703 | £225,000 | 2 SCHOOL ROW |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 18 Oct 2013. Using an estimated price of £525,009 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on SCHOOL ROW is 119 sq meters (1,283 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near School Row |
| Jul 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jul 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near North Wylam View |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near North Wylam View |