£150,102
This estimated value is based upon the latest sale price for the house of £85,000 on 6 Apr 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Merton Square
More crime details
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Price Paid | Date |
---|---|
£85,000 | 6 Apr 2006 |
Flats/Maisonettes |
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 April 2006 the House Price Index for NORTHUMBERLAND was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £85,000 results in an estimated price of approximately £150,102.
6 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 149.7 | 76.591 % | £85,000 | £65,102 | £150,102 |
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 | 58.714 % | £49,906 | £134,906 |
3 Month Average | 47.308 % | £40,211 | £125,211 |
6 Month Average | 45.737 % | £38,876 | £123,876 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £96,892 | £94,950 | 56 BEAUMONT STREET |
13 Mar 2023 | £40,984 | £40,300 | 26 BEAUMONT STREET |
27 Oct 2022 | £37,874 | £38,000 | 31 BEAUMONT STREET |
1 Jul 2022 | £109,093 | £108,000 | 45 MADDISON STREET |
29 Mar 2022 | £31,318 | £30,000 | 4 HALL TERRACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Merton Square |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Merton Square |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Merton Square |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Merton Square |
Aug 2024 | Drugs | Awaiting court outcome | On or near Merton Square |