£194,758
This estimated value is based upon the latest sale price for the house of £124,950 on 9 Jan 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £124,950 | 9 Jan 2008 |
| Semi-Detached |
| 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 2008 the House Price Index for NORTHUMBERLAND was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £124,950 results in an estimated price of approximately £194,758.
| 9 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £124,950 | £69,808 | £194,758 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 6.073 % | £7,588 | £132,538 |
| 3 Month Average | 29.584 % | £36,965 | £161,915 |
| 6 Month Average | 35.691 % | £44,595 | £169,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £131,954 | £130,000 | 9 SCOTT STREET |
| 16 Nov 2023 | £158,344 | £156,000 | 3 HOPE TERRACE |
| 23 Jun 2023 | £109,324 | £108,000 | 9 HIGH STREET |
| 19 Jun 2023 | £119,447 | £118,000 | 8 SCOTT STREET |
| 16 Jun 2023 | £182,207 | £180,000 | 8 GIBSON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near West Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gibson Street |
| Mar 2024 | Anti-social behaviour | On or near Woodbine Street | |
| Mar 2024 | Anti-social behaviour | On or near Albert Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Street |