£285,879
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Nov 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £235,000 | 8 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 November 2018 the House Price Index for NORTHUMBERLAND was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £235,000 results in an estimated price of approximately £285,879.
| 8 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £235,000 | £50,879 | £285,879 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | 68.372 % | £160,674 | £395,674 |
| 3 Month Average | 34.984 % | £82,211 | £317,211 |
| 6 Month Average | 44.303 % | £104,111 | £339,111 |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 18 Sep 2018.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near West View |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near West View |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near West View |
| Mar 2024 | Possession of weapons | Under investigation | On or near Millfield Terrace |
| Mar 2024 | Drugs | Offender given a caution | On or near Millfield Terrace |