£58,105
This estimated value is based upon the latest sale price for the house of £55,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £55,000 | 25 Feb 2022 |
| £20,750 | 12 Sep 2000 |
| 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 February 2022 the House Price Index for NORTHUMBERLAND was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £55,000 results in an estimated price of approximately £58,105.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £55,000 | £3,105 | £58,105 |
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 | 17.817 % | £9,799 | £64,799 |
| 3 Month Average | 35.489 % | £19,518 | £74,518 |
| 6 Month Average | 8.177 % | £4,497 | £59,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £38,085 | £37,500 | 71 BEATRICE STREET |
| 12 Mar 2024 | £46,718 | £46,000 | 76 ROSALIND STREET |
| 20 Dec 2023 | £79,957 | £77,500 | 62 HAWTHORN ROAD |
| 8 Dec 2023 | £77,378 | £75,000 | 78 HAWTHORN ROAD |
| 15 Nov 2023 | £40,016 | £39,000 | 37 BEATRICE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Nov 2021. Using an estimated price of £58,105 means this house is valued at £785 per sq meter (£72 per sq foot).
The average size of a house on ROSALIND STREET is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Second Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Sep 2024 | Anti-social behaviour | On or near Second Avenue |