£232,327
This estimated value is based upon the latest sale price for the house of £230,000 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£230,000 | 22 Jul 2022 |
£40,000 | 20 Jul 2001 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 July 2022 the House Price Index for NORTHUMBERLAND was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £230,000 results in an estimated price of approximately £232,327.
22 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £230,000 | £2,327 | £232,327 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 70.366 % | £161,842 | £391,842 |
3 Month Average | 8.056 % | £18,529 | £248,529 |
6 Month Average | 40.073 % | £92,166 | £322,166 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2024 | £75,000 | £75,000 | 3 WINDSOR ROAD |
6 Oct 2023 | £148,370 | £145,000 | 18 SIMONSIDE TERRACE |
14 Apr 2023 | £264,956 | £260,000 | 8 GIBSON STREET |
8 Feb 2023 | £352,354 | £350,000 | 6 BAY VIEW WEST |
22 Jul 2022 | £232,328 | £230,000 | 6 FRONT STREET |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 26 May 2020. Using an estimated price of £232,328 means this house is valued at £1,683 per sq meter (£156 per sq foot).
The average size of a house on FRONT STREET is 136 sq meters (1,472 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Anti-social behaviour | On or near Jubilee Terrace | |
Aug 2024 | Anti-social behaviour | On or near Jubilee Terrace | |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Jubilee Terrace |
Aug 2024 | Robbery | Under investigation | On or near Jubilee Terrace |
Aug 2024 | Anti-social behaviour | On or near Jubilee Terrace |