£361,071
This estimated value is based upon the latest sale price for the house of £289,950 on 10 May 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £289,950 | 10 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 May 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £289,950 results in an estimated price of approximately £361,071.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £289,950 | £71,121 | £361,071 |
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 | 49.192 % | £142,631 | £432,581 |
| 3 Month Average | 49.335 % | £143,047 | £432,997 |
| 6 Month Average | 44.011 % | £127,609 | £417,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £322,803 | £320,000 | 3 GOVERNORS GARDENS |
| 26 Oct 2023 | £286,507 | £280,000 | 7 GOVERNORS GARDENS |
| 1 Aug 2023 | £96,745 | £95,000 | 7 THE OLD CORN EXCHANGE SANDGATE |
| 28 Feb 2023 | £90,605 | £90,000 | 16 THE OLD CORN EXCHANGE SANDGATE |
| 15 Jul 2022 | £85,860 | £85,000 | 26 FOUL FORD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 1 Apr 2019. Using an estimated price of £361,071 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on PALACE GREEN is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Palace Green | |
| Apr 2024 | Anti-social behaviour | On or near Palace Green | |
| Apr 2024 | Anti-social behaviour | On or near Palace Green | |
| Apr 2024 | Anti-social behaviour | On or near Palace Green | |
| Jul 2024 | Anti-social behaviour | On or near Palace Street |