£194,119
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Sep 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£185,000 | 2 Sep 2024 |
£162,000 | 10 Aug 2017 |
£116,950 | 10 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 September 2024 the House Price Index for NORTHUMBERLAND was 99.4.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 4.930%.Applying this 4.930% change to the original purchase price of £185,000 results in an estimated price of approximately £194,119.
2 Sep 2024 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.4 | 104.3 | 4.930 % | £185,000 | £9,119 | £194,119 |
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 | -62.135 % | £-114,950 | £70,049 |
3 Month Average | -1.337 % | £-2,474 | £182,525 |
6 Month Average | -3.253 % | £-6,018 | £178,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2024 | £180,539 | £175,000 | 20 CHANTRY MEWS BRIDGE STREET |
26 Sep 2024 | £241,338 | £230,000 | 2 WANSBECK COURT |
24 Sep 2024 | £362,007 | £345,000 | 6 WILLIAM TURNER COURT GOOSE HILL |
2 Sep 2024 | £194,120 | £185,000 | 5 CHANTRY MEWS BRIDGE STREET |
27 Mar 2024 | £10,013,654 | £9,380,000 | WM MORRISON SUPERMARKETS PLC DARK LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Aug 2019. Using an estimated price of £194,120 means this house is valued at £2,588 per sq meter (£240 per sq foot).
The average size of a house on BRIDGE STREET is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Shoplifting | Awaiting court outcome | On or near Supermarket |
Jan 2025 | Criminal damage and arson | Offender given a caution | On or near Supermarket |
Jan 2025 | Shoplifting | Awaiting court outcome | On or near Supermarket |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Chantry Place |
Apr 2025 | Shoplifting | Awaiting court outcome | On or near Chantry Place |