£114,010
This estimated value is based upon the latest sale price for the house of £92,500 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £92,500 | 7 Feb 2020 |
| £142,000 | 26 Jul 2019 |
| £153,000 | 30 Aug 2005 |
| £69,950 | 24 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 February 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £92,500 results in an estimated price of approximately £114,010.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £92,500 | £21,510 | £114,010 |
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 | 85.872 % | £79,431 | £171,931 |
| 3 Month Average | 33.998 % | £31,448 | £123,948 |
| 6 Month Average | 23.219 % | £21,477 | £113,977 |
| 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 |
| 8 Aug 2023 | £295,327 | £290,000 | 2 SCHOOL CLOSE |
| 4 Apr 2023 | £120,249 | £118,000 | 84A NEWGATE STREET |
| 15 Feb 2023 | £704,707 | £700,000 | GREENFIELD HOUSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Aug 2019. Using an estimated price of £114,011 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on NEWGATE STREET is 147 sq meters (1,584 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Northumberland Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Gardens |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Gardens |
| Aug 2024 | Anti-social behaviour | On or near Northumberland Gardens |