£87,409
This estimated value is based upon the latest sale price for the house of £88,000 on 5 Aug 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £88,000 | 5 Aug 2022 |
| £99,000 | 12 Mar 2004 |
| £47,950 | 28 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 August 2022 the House Price Index for NORTHUMBERLAND was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £88,000 results in an estimated price of approximately £87,409.
| 5 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £88,000 | £-590 | £87,409 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -73.462 % | £-64,646 | £23,353 |
| 3 Month Average | -17.566 % | £-15,457 | £72,542 |
| 6 Month Average | -1.607 % | £-1,414 | £86,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £92,563 | £92,000 | 2 LOCOMOTIVE COURT |
| 14 Apr 2023 | £221,647 | £220,000 | 1 LIBRARY COURT |
| 13 Mar 2023 | £261,413 | £260,000 | 1 KEPWELL COURT |
| 6 Feb 2023 | £502,623 | £505,000 | 1 FRONT STREET |
| 5 Aug 2022 | £87,409 | £88,000 | 6 ACORN SQUARE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 27 Mar 2013. Using an estimated price of £87,409 means this house is valued at £1,432 per sq meter (£133 per sq foot).
The average size of a house on ACORN SQUARE is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oakfield Terrace |
| Mar 2024 | Shoplifting | Under investigation | On or near Oakfield Terrace |
| Mar 2024 | Anti-social behaviour | On or near Oakfield Terrace | |
| Mar 2024 | Shoplifting | Under investigation | On or near Oakfield Terrace |
| Mar 2024 | Anti-social behaviour | On or near Oakfield Terrace |