£232,760
This estimated value is based upon the latest sale price for the house of £135,000 on 22 Dec 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £135,000 | 22 Dec 2010 |
| £60,000 | 19 Sep 2001 |
| £43,000 | 8 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 December 2010 the House Price Index for NORTHUMBERLAND was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £135,000 results in an estimated price of approximately £232,760.
| 22 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £135,000 | £97,760 | £232,760 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 24.968 % | £33,707 | £168,707 |
| 3 Month Average | 34.901 % | £47,115 | £182,115 |
| 6 Month Average | 42.768 % | £57,736 | £192,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £101,578 | £99,000 | 8 CLAYPORT GARDENS |
| 27 Oct 2023 | £195,234 | £190,800 | 58 CHAPEL LANDS |
| 2 Oct 2023 | £141,207 | £138,000 | 18 CLAYPORT GARDENS |
| 1 Jun 2023 | £234,703 | £230,000 | 7 CHAPEL LANDS |
| 21 Mar 2023 | £185,091 | £182,000 | 1 CHAPEL LANDS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 3 Jul 2010. Using an estimated price of £232,760 means this house is valued at £3,694 per sq meter (£343 per sq foot).
The average size of a house on CHAPEL LANDS is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lands |
| Sep 2024 | Anti-social behaviour | On or near Chapel Lands | |
| Sep 2024 | Anti-social behaviour | On or near Chapel Lands | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lands |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lands |