£35,724
This estimated value is based upon the latest sale price for the house of £29,500 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £29,500 | 26 Jun 2020 |
| £34,500 | 26 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2020 the House Price Index for NORTHUMBERLAND was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £29,500 results in an estimated price of approximately £35,724.
| 26 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £29,500 | £6,224 | £35,724 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 119.803 % | £35,341 | £64,841 |
| 3 Month Average | -0.265 % | £-78 | £29,421 |
| 6 Month Average | 8.809 % | £2,598 | £32,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £55,712 | £55,000 | 35 DELAVAL TERRACE |
| 11 Jul 2023 | £94,269 | £93,000 | 98 WATERLOO ROAD |
| 1 Mar 2023 | £252,378 | £250,000 | 57 MARINE TERRACE |
| 24 Jan 2023 | £139,344 | £140,000 | 54 MARINE TERRACE |
| 13 Jul 2022 | £54,146 | £54,000 | 51 DELAVAL TERRACE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 7 Aug 2012. Using an estimated price of £35,725 means this house is valued at £674 per sq meter (£62 per sq foot).
The average size of a house on BOWES COURT is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bowes Court |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bowes Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bowes Court |