£127,817
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Sep 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 14 Sep 2023 |
| £125,000 | 10 Sep 2021 |
| £46,000 | 27 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 September 2023 the House Price Index for NORTHUMBERLAND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £125,000 results in an estimated price of approximately £127,817.
| 14 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £125,000 | £2,817 | £127,817 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 47.467 % | £59,334 | £184,334 |
| 3 Month Average | 24.494 % | £30,616 | £155,616 |
| 6 Month Average | 1.688 % | £2,110 | £127,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £126,950 | £125,000 | 5 GRAHAMS YARD |
| 12 Dec 2023 | £190,865 | £185,000 | THE ROYAL AIR FORCES ASSOCIATION, 15 LISBURN STREET |
| 5 Dec 2023 | £262,052 | £254,000 | 3 HOWICK STREET |
| 13 Nov 2023 | £135,438 | £132,000 | 3 OGLE TERRACE |
| 14 Sep 2023 | £127,818 | £125,000 | 7 THE MALTINGS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Aug 2021. Using an estimated price of £127,818 means this house is valued at £2,367 per sq meter (£219 per sq foot).
The average size of a house on THE MALTINGS is 64 sq meters (698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tower Lane |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Clayport Square |
| Sep 2024 | Anti-social behaviour | On or near Clayport Square | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Clayport Square |
| Aug 2024 | Public order | Under investigation | On or near Clayport Square |