£177,062
This estimated value is based upon the latest sale price for the house of £105,250 on 27 Oct 2006. 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 Tanners Row
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| Price Paid | Date |
|---|---|
| £105,250 | 27 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2006 the House Price Index for NORTHUMBERLAND was 88.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.230%.Applying this 68.230% change to the original purchase price of £105,250 results in an estimated price of approximately £177,062.
| 27 Oct 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.0 | 68.230 % | £105,250 | £71,812 | £177,062 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 18.125 % | £19,076 | £124,326 |
| 3 Month Average | 10.507 % | £11,058 | £116,308 |
| 6 Month Average | 13.189 % | £13,880 | £119,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £155,948 | £155,000 | 3 ALBION TERRACE |
| 30 Jun 2023 | £116,948 | £116,000 | 3 TYNE GREEN MEWS |
| 31 Mar 2023 | £45,245 | £45,000 | FLAT D GISLAND HOUSE, 45 GILESGATE |
| 5 Jan 2023 | £91,199 | £92,000 | 5 CIRCLE PLACE |
| 31 May 2022 | £88,313 | £87,000 | FLAT E GISLAND HOUSE, 45 GILESGATE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Jan 2017. Using an estimated price of £177,062 means this house is valued at £2,360 per sq meter (£219 per sq foot).
The average size of a house on ALEXANDER PLACE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tanners Row |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Circle Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Glovers Place |
| Mar 2024 | Anti-social behaviour | On or near Glovers Place | |
| Mar 2024 | Anti-social behaviour | On or near Glovers Place |