£566,636
This estimated value is based upon the latest sale price for the house of £525,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£525,000 | 9 Dec 2021 |
£390,000 | 18 Nov 2010 |
£412,000 | 31 Aug 2007 |
Semi-Detached |
Freehold |
Floor Area: 164 sq meters or 1,774 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 December 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £525,000 results in an estimated price of approximately £566,636.
9 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £525,000 | £41,636 | £566,636 |
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 | 125.489 % | £658,817 | £1,183,817 |
3 Month Average | 122.588 % | £643,587 | £1,168,587 |
6 Month Average | 24.132 % | £126,690 | £651,690 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £214,584 | £211,000 | 30 FRONT STREET |
27 Mar 2023 | £464,355 | £456,600 | BARCLAYS BANK PLC MARKET PLACE |
4 Jan 2023 | £471,259 | £470,000 | AVONDALE STATION ROAD |
18 Nov 2022 | £129,395 | £130,000 | 1A JUBILEE BUILDINGS MIDDLE STREET |
14 Dec 2021 | £520,766 | £482,500 | 11 MARKET PLACE |
This house has a floor area of 164 sq meters or 1,774 sq feet when measured on 4 Aug 2009. Using an estimated price of £566,637 means this house is valued at £3,436 per sq meter (£319 per sq foot).
The average size of a house on STATION ROAD is 139 sq meters (1,503 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near B6529 |
Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near B6529 |
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 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |