£107,440
This estimated value is based upon the latest sale price for the house of £105,000 on 20 Feb 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £105,000 | 20 Feb 2024 |
| £169,950 | 11 Aug 2017 |
| £134,000 | 12 Jan 2006 |
| £59,050 | 4 May 2001 |
| £53,750 | 1 Sep 1999 |
| £21,000 | 17 Feb 1998 |
| 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 February 2024 the House Price Index for NORTHUMBERLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £105,000 results in an estimated price of approximately £107,440.
| 20 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £105,000 | £2,440 | £107,440 |
The Postcode Pricing Model uses changes in average sales price within the NE48 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 | -2.299 % | £-2,413 | £102,586 |
| 3 Month Average | 13.415 % | £14,085 | £119,085 |
| 6 Month Average | 9.147 % | £9,604 | £114,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £242,000 | £242,000 | 2 MALTING CLOSE |
| 12 Apr 2024 | £90,788 | £90,000 | 16 WESTLANDS |
| 25 Oct 2023 | £266,042 | £260,000 | ELFKIRK WEST VIEW |
| 25 Aug 2023 | £218,949 | £215,000 | 12A WESTLANDS |
| 11 Aug 2023 | £234,224 | £230,000 | ROSE HIP COTTAGE FRONT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cross Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cross Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Manchester Square |