£204,647
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Feb 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£200,000 | 2 Feb 2024 |
Flats/Maisonettes |
Freehold |
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 February 2024 the House Price Index for NORTHUMBERLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £200,000 results in an estimated price of approximately £204,647.
2 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £200,000 | £4,647 | £204,647 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 62.862 % | £125,724 | £325,724 |
3 Month Average | 15.371 % | £30,742 | £230,742 |
6 Month Average | 5.503 % | £11,006 | £211,006 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £138,516 | £135,000 | 27 CHURCH STREET |
26 Oct 2023 | £279,344 | £273,000 | 3 PARADE SCHOOL MEWS |
25 Apr 2023 | £166,107 | £163,000 | APARTMENT 4 2 CHAPEL STREET |
3 Apr 2023 | £140,630 | £138,000 | 2 PARADE |
22 Aug 2022 | £276,292 | £275,000 | 58 CHURCH STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Police Station |
Jul 2024 | Anti-social behaviour | On or near Police Station | |
Jul 2024 | Anti-social behaviour | On or near Police Station | |
Jul 2024 | Anti-social behaviour | On or near Police Station | |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parade |