£252,039
This estimated value is based upon the latest sale price for the house of £204,000 on 13 Jun 2019. 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 Tanners Row
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| Price Paid | Date |
|---|---|
| £204,000 | 13 Jun 2019 |
| £107,500 | 24 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 June 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £204,000 results in an estimated price of approximately £252,039.
| 13 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £204,000 | £48,039 | £252,039 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | -29.958 % | £-61,114 | £142,885 |
| 3 Month Average | -19.601 % | £-39,986 | £164,013 |
| 6 Month Average | -10.317 % | £-21,046 | £182,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £156,368 | £155,000 | 3 ALBION TERRACE |
| 30 Jun 2023 | £117,422 | £116,000 | 3 TYNE GREEN MEWS |
| 31 Mar 2023 | £45,428 | £45,000 | FLAT D GISLAND HOUSE, 45 GILESGATE |
| 5 Jan 2023 | £91,569 | £92,000 | 5 CIRCLE PLACE |
| 31 May 2022 | £88,671 | £87,000 | FLAT E GISLAND HOUSE, 45 GILESGATE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 19 Jun 2018. Using an estimated price of £252,039 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on ALEXANDER PLACE is 113 sq meters (1,220 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Tanners Row |
| Dec 2023 | Anti-social behaviour | On or near Gibson Place | |
| Dec 2023 | Anti-social behaviour | On or near Gibson Place | |
| Dec 2023 | Anti-social behaviour | On or near Gibson Place | |
| Dec 2023 | Anti-social behaviour | On or near Gibson Place |