£305,214
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Aug 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £310,000 | 1 Aug 2022 |
| £105,000 | 12 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,012 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 August 2022 the House Price Index for NORTHUMBERLAND was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £310,000 results in an estimated price of approximately £305,214.
| 1 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £310,000 | £-4,785 | £305,214 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -17.287 % | £-53,591 | £256,408 |
| 3 Month Average | 8.944 % | £27,725 | £337,725 |
| 6 Month Average | 7.088 % | £21,972 | £331,972 |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 11 Aug 2010.
The average size of a house on GREY PLACE is 168 sq meters (1,808 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grey Place |
| Jan 2024 | Anti-social behaviour | On or near Grey Place | |
| Jan 2024 | Anti-social behaviour | On or near Grey Place | |
| Jan 2024 | Anti-social behaviour | On or near Grey Place | |
| Dec 2023 | Anti-social behaviour | On or near Croft Place |