£41,211
This estimated value is based upon the latest sale price for the house of £40,000 on 22 Jan 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £40,000 | 22 Jan 2024 |
| £26,000 | 18 Mar 2014 |
| Terraced |
| Freehold |
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 January 2024 the House Price Index for NORTHUMBERLAND was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £40,000 results in an estimated price of approximately £41,211.
| 22 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £40,000 | £1,211 | £41,211 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | -10.216 % | £-4,086 | £35,913 |
| 3 Month Average | -16.580 % | £-6,631 | £33,368 |
| 6 Month Average | -12.316 % | £-4,926 | £35,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £142,891 | £138,500 | 76 KINGS PARK |
| 28 Nov 2023 | £164,167 | £160,000 | 113 EASTGATE |
| 16 Nov 2023 | £116,969 | £114,000 | 36 KINGS PARK |
| 4 Aug 2023 | £129,842 | £127,500 | 45 KINGS PARK |
| 14 Jun 2023 | £84,697 | £83,000 | 4 KINGS PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastgreen |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eastgreen |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastgreen |
| Jun 2024 | Anti-social behaviour | On or near Eastgreen | |
| Jun 2024 | Other theft | Under investigation | On or near Eastgreen |