£151,669
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Mar 2020. 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 A1068
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| Price Paid | Date |
|---|---|
| £125,000 | 5 Mar 2020 |
| £125,000 | 5 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £125,000 results in an estimated price of approximately £151,669.
| 5 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £125,000 | £26,669 | £151,669 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 397.162 % | £496,451 | £621,451 |
| 3 Month Average | 66.149 % | £82,685 | £207,685 |
| 6 Month Average | 24.531 % | £30,663 | £155,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £230,000 | £230,000 | 6 RAVENSLAW GARDENS |
| 7 Dec 2023 | £128,963 | £125,000 | 39 CORNHILL ESTATE |
| 8 Nov 2023 | £153,907 | £150,000 | 54 CORNHILL ESTATE |
| 18 Aug 2023 | £112,020 | £110,000 | 52 CORNHILL ESTATE |
| 11 Aug 2023 | £763,775 | £750,000 | AYDON LODGE ALNMOUTH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Jan 2020. Using an estimated price of £151,669 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on SOUTH ROAD is 201 sq meters (2,164 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near A1068 |
| Sep 2024 | Shoplifting | Under investigation | On or near A1068 |
| Sep 2024 | Public order | Under investigation | On or near A1068 |
| Sep 2024 | Shoplifting | Under investigation | On or near A1068 |
| Sep 2024 | Shoplifting | Under investigation | On or near A1068 |