£115,977
This estimated value is based upon the latest sale price for the house of £85,000 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £85,000 | 15 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
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 April 2016 the House Price Index for NORTHUMBERLAND was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £85,000 results in an estimated price of approximately £115,977.
| 15 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £85,000 | £30,977 | £115,977 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | 136.529 % | £116,049 | £201,049 |
| 3 Month Average | 40.736 % | £34,625 | £119,625 |
| 6 Month Average | 39.647 % | £33,700 | £118,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £126,095 | £125,000 | 9 CLEET COURT NESS STREET |
| 18 Apr 2024 | £322,803 | £320,000 | 3 GOVERNORS GARDENS |
| 26 Oct 2023 | £286,507 | £280,000 | 7 GOVERNORS GARDENS |
| 12 Sep 2023 | £366,070 | £358,000 | 14 NESS STREET |
| 1 Jun 2023 | £140,312 | £137,500 | 6 NESS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Kipper Hill | |
| Aug 2024 | Anti-social behaviour | On or near Kipper Hill | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |