£296,651
This estimated value is based upon the latest sale price for the house of £240,000 on 19 Sep 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £240,000 | 19 Sep 2019 |
| £119,950 | 15 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £240,000 results in an estimated price of approximately £296,651.
| 19 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £240,000 | £56,651 | £296,651 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 62.795 % | £150,707 | £390,707 |
| 3 Month Average | 66.434 % | £159,442 | £399,442 |
| 6 Month Average | 62.177 % | £149,223 | £389,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £313,822 | £309,000 | 6 ALGERNON TERRACE |
| 27 Sep 2023 | £332,326 | £325,000 | 4 WOODVALE GARDENS |
| 15 Sep 2023 | £398,791 | £390,000 | 33 WOODVALE GARDENS |
| 28 Feb 2023 | £302,017 | £300,000 | 23 ALGERNON TERRACE |
| 7 Jul 2022 | £820,219 | £812,000 | STONE CUTTERS CHURCH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 May 2019. Using an estimated price of £296,651 means this house is valued at £3,224 per sq meter (£299 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chapel Lane |
| Jun 2024 | Vehicle crime | Under investigation | On or near Chapel Lane |
| Jun 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Jun 2024 | Anti-social behaviour | On or near Chapel Lane | |
| May 2024 | Anti-social behaviour | On or near Woodvale Gardens |