£9,962
This estimated value is based upon the latest sale price for the house of £8,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £8,000 | 28 May 2019 |
| Leasehold |
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 May 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £8,000 results in an estimated price of approximately £9,962.
| 28 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £8,000 | £1,962 | £9,962 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 94.977 % | £7,598 | £15,598 |
| 3 Month Average | 29.215 % | £2,337 | £10,337 |
| 6 Month Average | 21.985 % | £1,758 | £9,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2024 | £410,000 | £410,000 | THE BANQUE, 5 MARKET PLACE |
| 4 Jun 2024 | £102,500 | £102,500 | 35 PRETORIA AVENUE |
| 3 Nov 2023 | £139,542 | £136,000 | 23 PRETORIA AVENUE |
| 2 Jun 2023 | £168,374 | £165,000 | 11 MILLSIDE |
| 26 Apr 2023 | £205,850 | £202,000 | 4 RIVERSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Whalebone Lane |
| Sep 2024 | Other theft | Under investigation | On or near Whalebone Lane |
| Aug 2024 | Shoplifting | Under investigation | On or near Whalebone Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whalebone Lane |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Whalebone Lane |