£126,602
This estimated value is based upon the latest sale price for the house of £37,750 on 21 Nov 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£37,750 | 21 Nov 2001 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 2001 the House Price Index for NORTHUMBERLAND was 31.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 235.370%.Applying this 235.370% change to the original purchase price of £37,750 results in an estimated price of approximately £126,602.
21 Nov 2001 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 104.3 | 235.370 % | £37,750 | £88,852 | £126,602 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 49.304 % | £18,612 | £56,362 |
3 Month Average | 115.554 % | £43,621 | £81,371 |
6 Month Average | 137.718 % | £51,988 | £89,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jan 2025 | £141,154 | £137,500 | 93 CHEVIOT VIEW |
13 Dec 2024 | £345,603 | £335,000 | 9 PADDOCK WOOD |
13 Sep 2024 | £335,775 | £320,000 | 43 HOMEDALE |
18 Dec 2023 | £143,936 | £134,000 | 73 CHEVIOT VIEW |
8 Dec 2023 | £241,684 | £225,000 | 12 PARK AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Nov 2014. Using an estimated price of £126,602 means this house is valued at £1,472 per sq meter (£136 per sq foot).
The average size of a house on CHEVIOT VIEW is 93 sq meters (1,008 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Under investigation | On or near Homedale |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Cheviot View |
Mar 2025 | Anti-social behaviour | On or near Valley View | |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Paddock Close |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Paddock Close |