£391,559
This estimated value is based upon the latest sale price for the house of £249,999 on 26 Oct 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£249,999 | 26 Oct 2007 |
Terraced |
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 October 2007 the House Price Index for NORTHUMBERLAND was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £249,999 results in an estimated price of approximately £391,559.
26 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £249,999 | £141,560 | £391,559 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 57.966 % | £144,914 | £394,913 |
3 Month Average | 36.419 % | £91,046 | £341,045 |
6 Month Average | 33.348 % | £83,370 | £333,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £374,506 | £365,000 | 3 SOUTH TERRACE |
20 Sep 2023 | £358,912 | £351,000 | 18 COTTINGWOOD GARDENS |
8 Aug 2023 | £295,327 | £290,000 | 2 SCHOOL CLOSE |
4 Apr 2023 | £120,249 | £118,000 | 84A NEWGATE STREET |
15 Feb 2023 | £704,707 | £700,000 | GREENFIELD HOUSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
Aug 2024 | Anti-social behaviour | On or near Cottingwood Lane | |
Aug 2024 | Anti-social behaviour | On or near Northumberland Gardens | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Gardens |
Aug 2024 | Anti-social behaviour | On or near Northumberland Gardens |