£140,023
This estimated value is based upon the latest sale price for the house of £123,000 on 21 May 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £123,000 | 21 May 2021 |
| £118,000 | 25 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2021 the House Price Index for NORTHUMBERLAND was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £123,000 results in an estimated price of approximately £140,023.
| 21 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £123,000 | £17,023 | £140,023 |
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 | -20.824 % | £-25,613 | £97,386 |
| 3 Month Average | -4.882 % | £-6,004 | £116,995 |
| 6 Month Average | 12.062 % | £14,835 | £137,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £175,000 | £175,000 | 12 BRINKBURN AVENUE |
| 3 May 2024 | £111,000 | £111,000 | 21 CHAMBERLAIN STREET |
| 27 Mar 2023 | £142,378 | £140,000 | 25 WOLMER ROAD |
| 27 Mar 2023 | £140,344 | £138,000 | 12 CHAMBERLAIN STREET |
| 26 Jan 2023 | £125,335 | £125,000 | 19 WOLMER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Mar 2016. Using an estimated price of £140,024 means this house is valued at £1,772 per sq meter (£164 per sq foot).
The average size of a house on MATTHEW ROAD is 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Matthew Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Matthew Road |
| Aug 2024 | Anti-social behaviour | On or near Matthew Road | |
| Aug 2024 | Anti-social behaviour | On or near Matthew Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Matthew Road |