£69,075
This estimated value is based upon the latest sale price for the house of £64,000 on 17 Dec 2021. 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 Petrol Station
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| Price Paid | Date |
|---|---|
| £64,000 | 17 Dec 2021 |
| £65,000 | 27 Jul 2012 |
| £68,000 | 27 May 2005 |
| £25,950 | 16 Sep 2002 |
| £21,000 | 5 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 832 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 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £64,000 results in an estimated price of approximately £69,075.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £64,000 | £5,075 | £69,075 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 50.048 % | £32,030 | £96,030 |
| 3 Month Average | 21.837 % | £13,975 | £77,975 |
| 6 Month Average | 3.788 % | £2,424 | £66,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £76,953 | £75,000 | 96 NEWBIGGIN ROAD |
| 10 Nov 2023 | £47,198 | £46,000 | 36 RICHARDSON STREET |
| 15 Sep 2023 | £99,186 | £97,000 | 21A MONKSEATON TERRACE |
| 4 Aug 2023 | £45,827 | £45,000 | 59 MONKSEATON TERRACE |
| 31 Mar 2023 | £52,883 | £52,000 | 37 MONKSEATON TERRACE |
This house has a floor area of 77 sq meters or 832 sq feet when measured on 22 Jan 2010. Using an estimated price of £69,076 means this house is valued at £893 per sq meter (£82 per sq foot).
The average size of a house on MONKSEATON TERRACE is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Public order | Under investigation | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |