£94,517
This estimated value is based upon the latest sale price for the house of £76,500 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £76,500 | 29 Nov 2019 |
| £28,000 | 14 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £76,500 results in an estimated price of approximately £94,517.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £76,500 | £18,017 | £94,517 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 68.217 % | £52,185 | £128,685 |
| 3 Month Average | 38.002 % | £29,071 | £105,571 |
| 6 Month Average | 23.117 % | £17,684 | £94,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £140,000 | £140,000 | 60 BOLAM AVENUE |
| 30 Oct 2023 | £140,184 | £137,000 | 15 BOLAM AVENUE |
| 25 Aug 2023 | £132,388 | £130,000 | 35 BOLAM AVENUE |
| 14 Aug 2023 | £114,057 | £112,000 | 178 BEAUMONT STREET |
| 24 Mar 2023 | £91,529 | £90,000 | 188 BEAUMONT STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Aug 2019. Using an estimated price of £94,518 means this house is valued at £1,086 per sq meter (£100 per sq foot).
The average size of a house on COWPEN ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Shopping Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shopping Area |
| Sep 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area |