£251,161
This estimated value is based upon the latest sale price for the house of £252,000 on 21 Oct 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £252,000 | 21 Oct 2022 |
| Semi-Detached |
| 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 October 2022 the House Price Index for NORTHUMBERLAND was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £252,000 results in an estimated price of approximately £251,161.
| 21 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £252,000 | £-838 | £251,161 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | -0.332 % | £-835 | £251,164 |
| 3 Month Average | -31.988 % | £-80,608 | £171,391 |
| 6 Month Average | -4.704 % | £-11,853 | £240,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,196 | £227,000 | 1 GREENFIELD TERRACE |
| 9 Oct 2023 | £475,807 | £465,000 | 9 RIVERSIDE PARK |
| 23 Jun 2023 | £110,209 | £108,000 | 9 HIGH STREET |
| 16 Jun 2023 | £183,681 | £180,000 | 8 GIBSON STREET |
| 27 Feb 2023 | £278,480 | £276,620 | 7 RIVERSIDE PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Victoria Place |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Victoria Place |
| Sep 2024 | Other crime | Under investigation | On or near Gibson Street |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Gibson Street |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibson Street |