£98,056
This estimated value is based upon the latest sale price for the house of £90,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £90,000 | 5 Nov 2021 |
| £73,000 | 16 Nov 2018 |
| £87,000 | 26 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2021 the House Price Index for NORTHUMBERLAND was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £90,000 results in an estimated price of approximately £98,056.
| 5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £90,000 | £8,056 | £98,056 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 71.887 % | £64,698 | £154,698 |
| 3 Month Average | 35.023 % | £31,520 | £121,520 |
| 6 Month Average | -0.081 % | £-73 | £89,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £69,604 | £69,000 | 38 SEVENTH ROW |
| 26 Apr 2024 | £39,846 | £39,500 | 29 SEVENTH ROW |
| 1 Aug 2023 | £112,020 | £110,000 | 70 SEVENTH ROW |
| 14 Feb 2023 | £93,122 | £92,500 | 38 EIGHTH ROW |
| 16 Nov 2022 | £211,511 | £212,500 | 146 STATION ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Sep 2018. Using an estimated price of £98,057 means this house is valued at £1,325 per sq meter (£123 per sq foot).
The average size of a house on EIGHTH ROW is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Drugs | Offender given a caution | On or near Park View |
| Oct 2024 | Anti-social behaviour | On or near Park View | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park View |
| Oct 2024 | Anti-social behaviour | On or near Park View | |
| Sep 2024 | Anti-social behaviour | On or near Park View |