£37,226
This estimated value is based upon the latest sale price for the house of £37,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £37,000 | 11 Aug 2023 |
| £50,000 | 15 Jun 2023 |
| 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 2023 the House Price Index for NORTHUMBERLAND was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £37,000 results in an estimated price of approximately £37,226.
| 11 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.1 | 148.0 | 0.612 % | £37,000 | £226 | £37,226 |
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 | 47.526 % | £17,584 | £54,584 |
| 3 Month Average | 52.865 % | £19,560 | £56,560 |
| 6 Month Average | 41.990 % | £15,536 | £52,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £136,756 | £135,000 | 27 CHURCH STREET |
| 11 Aug 2023 | £37,226 | £37,000 | 38 MARYGATE |
| 25 Apr 2023 | £164,221 | £163,000 | APARTMENT 4 2 CHAPEL STREET |
| 3 Apr 2023 | £151,123 | £150,000 | 11 - 13 MARYGATE |
| 30 Mar 2023 | £43,234 | £43,000 | UNIT 1 1 - 3 WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Marygate |
| Feb 2024 | Anti-social behaviour | On or near Marygate | |
| Feb 2024 | Anti-social behaviour | On or near Marygate | |
| Feb 2024 | Anti-social behaviour | On or near Marygate | |
| Jan 2024 | Public order | Under investigation | On or near Marygate |