£668,801
This estimated value is based upon the latest sale price for the house of £600,000 on 14 Oct 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £600,000 | 14 Oct 2021 |
| £281,000 | 16 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 October 2021 the House Price Index for NORTHUMBERLAND was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £600,000 results in an estimated price of approximately £668,801.
| 14 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £600,000 | £68,801 | £668,801 |
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 | -60.809 % | £-364,856 | £235,143 |
| 3 Month Average | -4.029 % | £-24,172 | £575,827 |
| 6 Month Average | 29.622 % | £177,733 | £777,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2024 | £620,000 | £620,000 | BLACK BULL INN MAIN ROAD |
| 22 Mar 2024 | £313,822 | £309,000 | 6 ALGERNON TERRACE |
| 28 Feb 2023 | £302,017 | £300,000 | 23 ALGERNON TERRACE |
| 7 Jul 2022 | £820,219 | £812,000 | STONE CUTTERS CHURCH ROAD |
| 14 Jun 2022 | £536,468 | £525,000 | 7 THE ORCHARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Church Road |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Main Road |