£119,422
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Aug 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £100,000 | 18 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2020 the House Price Index for NORTHUMBERLAND was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £100,000 results in an estimated price of approximately £119,422.
| 18 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £100,000 | £19,422 | £119,422 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -21.587 % | £-21,586 | £78,413 |
| 3 Month Average | -37.301 % | £-37,300 | £62,699 |
| 6 Month Average | -12.635 % | £-12,634 | £87,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £93,888 | £93,000 | 35 MASTERS CRESCENT |
| 27 Jun 2023 | £80,654 | £80,000 | 46 CASTLE ROAD |
| 27 Apr 2023 | £216,610 | £215,000 | 9 LEAWAY |
| 15 Mar 2022 | £227,057 | £220,000 | 8 LEAWAY |
| 12 Nov 2021 | £244,512 | £227,000 | 5 CHERRY GROVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 8 Feb 2020. Using an estimated price of £119,422 means this house is valued at £1,257 per sq meter (£116 per sq foot).
The average size of a house on CASTLE ROAD is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Master'S Crescent |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Master'S Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holly Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holly Grove |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Holly Grove |