£123,077
This estimated value is based upon the latest sale price for the house of £99,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £99,000 | 6 Apr 2018 |
| £60,000 | 29 May 2015 |
| £55,000 | 2 Sep 2011 |
| £92,000 | 29 Dec 2006 |
| £80,000 | 7 Jan 2005 |
| £44,000 | 19 Aug 2002 |
| £30,000 | 27 Mar 1997 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 April 2018 the House Price Index for NORTHUMBERLAND was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £99,000 results in an estimated price of approximately £123,077.
| 6 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £99,000 | £24,077 | £123,077 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 59.381 % | £58,786 | £157,786 |
| 3 Month Average | 123.832 % | £122,593 | £221,593 |
| 6 Month Average | 56.247 % | £55,684 | £154,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £255,000 | £255,000 | 15 RAILWAY STREET |
| 8 Dec 2023 | £326,171 | £320,000 | 6 TWEED STREET |
| 6 Nov 2023 | £314,031 | £310,000 | 3 SCOTTS PLACE |
| 20 Jun 2023 | £50,409 | £50,000 | 2 RAILWAY STREET |
| 4 Nov 2022 | £285,372 | £290,000 | THE BARBER SHOP, 44 CASTLEGATE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Jul 2014. Using an estimated price of £123,078 means this house is valued at £1,577 per sq meter (£146 per sq foot).
The average size of a house on TWEED STREET is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tweed Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tweed Street |