£128,082
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Jan 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£75,000 | 28 Jan 2013 |
£161,500 | 21 Dec 2006 |
£163,000 | 16 Sep 2005 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 575 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 January 2013 the House Price Index for NORTHUMBERLAND was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £75,000 results in an estimated price of approximately £128,082.
28 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £75,000 | £53,082 | £128,082 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 106.623 % | £79,967 | £154,967 |
3 Month Average | 51.641 % | £38,730 | £113,730 |
6 Month Average | 42.180 % | £31,635 | £106,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £226,078 | £222,000 | 14 MAINS PLACE |
11 Aug 2023 | £222,004 | £218,000 | 19 MAINS PLACE |
4 Apr 2023 | £120,249 | £118,000 | 84A NEWGATE STREET |
15 Feb 2023 | £704,707 | £700,000 | GREENFIELD HOUSE |
21 Oct 2022 | £240,306 | £241,109 | THE BELSAY THE OLD REGISTRY NEWGATE STREET |
This house has a floor area of 53 sq meters or 575 sq feet when measured on 12 Jan 2012. Using an estimated price of £128,082 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on NEWGATE STREET is 147 sq meters (1,584 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Northumberland Gardens | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Gardens |
Aug 2024 | Anti-social behaviour | On or near Northumberland Gardens | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Newgate Street |
Sep 2024 | Anti-social behaviour | On or near Newgate Street |