£224,290
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Aug 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Aug 2018 |
| £120,000 | 9 Jul 2012 |
| Terraced |
| 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 August 2018 the House Price Index for NORTHUMBERLAND was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £180,000 results in an estimated price of approximately £224,290.
| 15 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £180,000 | £44,290 | £224,290 |
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 | 42.390 % | £76,302 | £256,302 |
| 3 Month Average | 42.980 % | £77,364 | £257,364 |
| 6 Month Average | 49.210 % | £88,577 | £268,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £258,979 | £255,000 | 4 CROSS VIEW |
| 21 Mar 2024 | £330,071 | £325,000 | 19 CASTLE STREET |
| 28 Sep 2023 | £639,088 | £625,000 | 9 CROSS VIEW |
| 28 Sep 2023 | £751,568 | £735,000 | WATERBANK |
| 9 Jun 2023 | £448,998 | £440,000 | THE OLD CHAPEL SOUTH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near South Lane |
| Jul 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |