£147,422
This estimated value is based upon the latest sale price for the house of £121,500 on 9 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £121,500 | 9 Mar 2020 |
| £52,000 | 27 Apr 2000 |
| Terraced |
| Freehold |
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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £121,500 results in an estimated price of approximately £147,422.
| 9 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £121,500 | £25,922 | £147,422 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 80.038 % | £97,246 | £218,746 |
| 3 Month Average | 42.660 % | £51,832 | £173,332 |
| 6 Month Average | 21.301 % | £25,881 | £147,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £185,000 | £185,000 | 5 DORCHESTER COURT |
| 27 Oct 2023 | £68,197 | £66,648 | 21 DORCHESTER COURT |
| 10 Oct 2023 | £2,686 | £2,625 | 48 CHIPCHASE COURT |
| 22 Sep 2023 | £163,607 | £160,000 | 16 BRISTOL STREET |
| 6 Sep 2023 | £2,684 | £2,625 | 15 DORCHESTER COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chipchase Court |
| Aug 2024 | Anti-social behaviour | On or near The Brambles | |
| Aug 2024 | Anti-social behaviour | On or near The Brambles | |
| Aug 2024 | Anti-social behaviour | On or near The Brambles | |
| Sep 2024 | Anti-social behaviour | On or near Bristol Street |