£176,029
This estimated value is based upon the latest sale price for the house of £48,500 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Gibson Street
More crime details
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| Price Paid | Date |
|---|---|
| £48,500 | 1 Dec 2000 |
| 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 December 2000 the House Price Index for NORTHUMBERLAND was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £48,500 results in an estimated price of approximately £176,029.
| 1 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £48,500 | £127,529 | £176,029 |
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 | 245.329 % | £118,984 | £167,484 |
| 3 Month Average | 238.201 % | £115,527 | £164,027 |
| 6 Month Average | 250.534 % | £121,508 | £170,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,196 | £227,000 | 1 GREENFIELD TERRACE |
| 16 Nov 2023 | £160,063 | £156,000 | 3 HOPE TERRACE |
| 23 Jun 2023 | £110,209 | £108,000 | 9 HIGH STREET |
| 16 Jun 2023 | £183,681 | £180,000 | 8 GIBSON STREET |
| 17 Mar 2023 | £99,664 | £98,000 | 7 WOODBINE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Gibson Street |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Gibson Street |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Gibson Street |
| Jun 2024 | Other theft | Under investigation | On or near Gibson Street |
| Jul 2024 | Other theft | Under investigation | On or near West Crescent |