£113,639
This estimated value is based upon the latest sale price for the house of £66,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £66,000 | 23 Mar 2012 |
| £72,500 | 15 Nov 2007 |
| £76,000 | 1 Dec 2006 |
| £26,000 | 1 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 March 2012 the House Price Index for NORTHUMBERLAND was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £66,000 results in an estimated price of approximately £113,639.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £66,000 | £47,639 | £113,639 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 74.387 % | £49,095 | £115,095 |
| 3 Month Average | 56.162 % | £37,066 | £103,066 |
| 6 Month Average | 55.056 % | £36,337 | £102,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £242,500 | £242,500 | 8 GRANGE ROAD |
| 19 Apr 2024 | £176,533 | £175,000 | 8 EDEN GROVE |
| 9 Apr 2024 | £322,803 | £320,000 | 11 EDEN GROVE |
| 22 Mar 2024 | £237,651 | £234,000 | 49 GRANGE ROAD |
| 24 Nov 2023 | £69,258 | £67,500 | 9 CHEVIOT COURT |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 22 May 2021. Using an estimated price of £113,640 means this house is valued at £3,551 per sq meter (£329 per sq foot).
The average size of a house on CHEVIOT COURT is 36 sq meters (391 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Shields Road |
| Sep 2024 | Shoplifting | Under investigation | On or near Shields Road |
| Sep 2024 | Shoplifting | Under investigation | On or near Shields Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shields Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shields Road |