£278,377
This estimated value is based upon the latest sale price for the house of £179,500 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £179,500 | 4 Apr 2014 |
| £167,500 | 31 Oct 2011 |
| £165,000 | 30 Jan 2004 |
| £91,995 | 29 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 970 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 April 2014 the House Price Index for NORTHUMBERLAND was 95.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.085%.Applying this 55.085% change to the original purchase price of £179,500 results in an estimated price of approximately £278,377.
| 4 Apr 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.0 | 55.085 % | £179,500 | £98,877 | £278,377 |
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 | -37.092 % | £-66,579 | £112,920 |
| 3 Month Average | -27.826 % | £-49,947 | £129,552 |
| 6 Month Average | -4.865 % | £-8,733 | £170,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £179,394 | £176,000 | 25 TOWNELEY COURT |
| 14 Jul 2023 | £39,877 | £39,500 | BALLOON HOUSE BROOMHOUSE LANE |
| 4 May 2022 | £233,471 | £230,000 | 9 VICTORIA GROVE |
| 7 Feb 2022 | £235,004 | £225,000 | 2 SCHOOL ROW |
| 3 Feb 2022 | £323,783 | £310,000 | 2 NORTHUMBERLAND COURT |
This house has a floor area of 90 sq meters or 970 sq feet when measured on 16 Aug 2010. Using an estimated price of £278,378 means this house is valued at £3,086 per sq meter (£286 per sq foot).
The average size of a house on SCHOOL ROW is 119 sq meters (1,283 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near School Row | |
| Mar 2024 | Anti-social behaviour | On or near School Row | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove |