£502,200
This estimated value is based upon the latest sale price for the house of £392,500 on 2 Aug 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £392,500 | 2 Aug 2017 |
| £450,000 | 12 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 August 2017 the House Price Index for NORTHUMBERLAND was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £392,500 results in an estimated price of approximately £502,200.
| 2 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £392,500 | £109,700 | £502,200 |
The Postcode Pricing Model uses changes in average sales price within the NE45 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 | 48.669 % | £191,024 | £583,524 |
| 3 Month Average | 42.509 % | £166,848 | £559,348 |
| 6 Month Average | 5.132 % | £20,143 | £412,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £296,740 | £290,000 | 4 WOODBINE TERRACE |
| 31 Mar 2023 | £214,584 | £211,000 | 30 FRONT STREET |
| 18 Nov 2022 | £129,395 | £130,000 | 1A JUBILEE BUILDINGS MIDDLE STREET |
| 9 Jun 2022 | £536,468 | £525,000 | FLAT 5 PRINCES COURT PRINCES STREET |
| 15 Feb 2022 | £734,238 | £695,000 | 3 ORCHARD CRESCENT |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 16 May 2016. Using an estimated price of £502,200 means this house is valued at £3,561 per sq meter (£330 per sq foot).
The average size of a house on MAIN STREET is 294 sq meters (3,174 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |