£259,756
This estimated value is based upon the latest sale price for the house of £203,000 on 29 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £203,000 | 29 Mar 2017 |
| £75,000 | 14 Jun 2006 |
| £158,500 | 27 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 March 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £203,000 results in an estimated price of approximately £259,756.
| 29 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £203,000 | £56,756 | £259,756 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 0.169 % | £343 | £203,343 |
| 3 Month Average | 15.571 % | £31,609 | £234,609 |
| 6 Month Average | 33.441 % | £67,884 | £270,884 |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 12 May 2016.
The average size of a house on GIBSON STREET is 128 sq meters (1,382 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Promenade View | |
| Jan 2024 | Anti-social behaviour | On or near Promenade View | |
| Jan 2024 | Anti-social behaviour | On or near Promenade View | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gibson Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gibson Street |