£170,081
This estimated value is based upon the latest sale price for the house of £59,500 on 19 Jun 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £59,500 | 19 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2002 the House Price Index for NORTHUMBERLAND was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £59,500 results in an estimated price of approximately £170,081.
| 19 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £59,500 | £110,581 | £170,081 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 1730.566 % | £1,029,686 | £1,089,186 |
| 3 Month Average | 350.390 % | £208,482 | £267,982 |
| 6 Month Average | 284.624 % | £169,351 | £228,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £95,838 | £95,000 | 7 THE OLD CORN EXCHANGE SANDGATE |
| 28 Feb 2023 | £89,939 | £90,000 | 16 THE OLD CORN EXCHANGE SANDGATE |
| 15 Jul 2022 | £85,229 | £85,000 | 26 FOUL FORD |
| 6 Jul 2022 | £254,686 | £254,000 | 31 PALACE STREET |
| 31 May 2022 | £430,104 | £422,000 | THE MERCHANTS HOUSE, 14 PALACE STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 4 Feb 2019. Using an estimated price of £170,082 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on PALACE GREEN is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palace Street |
| Jan 2024 | Public order | Under investigation | On or near Foul Ford |
| Dec 2023 | Anti-social behaviour | On or near Foul Ford | |
| Dec 2023 | Anti-social behaviour | On or near Foul Ford | |
| Dec 2023 | Anti-social behaviour | On or near Foul Ford |