£111,402
This estimated value is based upon the latest sale price for the house of £21,950 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £21,950 | 22 Aug 1997 |
| Semi-Detached |
| 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 August 1997 the House Price Index for NORTHUMBERLAND was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £21,950 results in an estimated price of approximately £111,402.
| 22 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £21,950 | £89,452 | £111,402 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 122.403 % | £26,867 | £48,817 |
| 3 Month Average | 199.445 % | £43,778 | £65,728 |
| 6 Month Average | 157.266 % | £34,519 | £56,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £88,510 | £86,500 | 1 RIVERWALK APARTMENTS HALF MOON STREET |
| 29 Sep 2023 | £291,424 | £285,000 | 8 STAKEFORD LANE |
| 8 Sep 2023 | £94,585 | £92,500 | 5 RIVERWALK APARTMENTS HALF MOON STREET |
| 3 Feb 2023 | £108,726 | £108,000 | 18 LEANDER COURT |
| 12 Aug 2022 | £87,911 | £87,500 | 3 RIVERWALK APARTMENTS HALF MOON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Stakeford Crescent | |
| Jun 2024 | Anti-social behaviour | On or near Stakeford Crescent | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Half Moon Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Half Moon Street |
| May 2024 | Violence and sexual offences | Under investigation | On or near Half Moon Street |