£356,317
This estimated value is based upon the latest sale price for the house of £286,000 on 5 Oct 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £286,000 | 5 Oct 2017 |
| £250,000 | 28 May 2013 |
| £260,000 | 27 Nov 2009 |
| £250,000 | 26 Jan 2007 |
| £96,000 | 14 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,004 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 October 2017 the House Price Index for NORTHUMBERLAND was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £286,000 results in an estimated price of approximately £356,317.
| 5 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £286,000 | £70,317 | £356,317 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 315.554 % | £902,483 | £1,188,483 |
| 3 Month Average | 35.084 % | £100,341 | £386,341 |
| 6 Month Average | 79.431 % | £227,172 | £513,172 |
This house has a floor area of 93 sq meters or 1,004 sq feet when measured on 8 Apr 2009.
There is one other house on the street which we know the size of, this is 2 LABURNUM TERRACE it is 143.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Main Road | |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Main Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Main Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Main Road |