£116,794
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Mar 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £115,000 | 11 Mar 2024 |
| £115,000 | 1 Sep 2011 |
| £105,000 | 31 Jul 2009 |
| £105,000 | 31 Jul 2009 |
| £53,000 | 8 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,096 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 March 2024 the House Price Index for NORTHUMBERLAND was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £115,000 results in an estimated price of approximately £116,794.
| 11 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £115,000 | £1,794 | £116,794 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | -45.735 % | £-52,594 | £62,405 |
| 3 Month Average | 21.266 % | £24,455 | £139,455 |
| 6 Month Average | 10.759 % | £12,372 | £127,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £175,000 | £175,000 | 6 WYDON AVENUE |
| 11 Mar 2024 | £116,794 | £115,000 | 7 RIVER TERRACE |
| 7 Dec 2023 | £77,378 | £75,000 | 9 SCOTSFIELD TERRACE |
| 20 Oct 2023 | £327,437 | £320,000 | 2 STONEY RIGG CLOSE |
| 22 Aug 2023 | £193,490 | £190,000 | 10 CROSSFIELD TERRACE |
This house has a floor area of 101 sq meters or 1,096 sq feet when measured on 15 Jun 2011. Using an estimated price of £116,794 means this house is valued at £1,146 per sq meter (£106 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Scotsfield Terrace |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Stoneyrigg Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Stoneyrigg Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Stoneyrigg Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stoneyrigg Close |