£171,447
This estimated value is based upon the latest sale price for the house of £97,500 on 26 May 2006. 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 Staithes Lane
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| Price Paid | Date |
|---|---|
| £97,500 | 26 May 2006 |
| £75,000 | 5 Oct 2003 |
| £30,000 | 18 Aug 1999 |
| 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 May 2006 the House Price Index for NORTHUMBERLAND was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £97,500 results in an estimated price of approximately £171,447.
| 26 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £97,500 | £73,947 | £171,447 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 53.614 % | £52,273 | £149,773 |
| 3 Month Average | 37.745 % | £36,801 | £134,301 |
| 6 Month Average | 38.144 % | £37,190 | £134,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £1,740,111 | £1,725,000 | PETROL FILLING STATION DARK LANE |
| 8 Apr 2024 | £175,524 | £174,000 | 12 ADMIRAL COLLINGWOOD COURT |
| 27 Mar 2024 | £9,526,363 | £9,380,000 | WM MORRISONS DARK LANE |
| 27 Mar 2024 | £9,526,363 | £9,380,000 | WM MORRISON SUPERMARKETS PLC DARK LANE |
| 13 Oct 2023 | £184,183 | £180,000 | 20 STAITHES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Staithes Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Staithes Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Staithes Lane |
| Sep 2024 | Burglary | Under investigation | On or near Staithes Lane |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Staithes Lane |