£560,321
This estimated value is based upon the latest sale price for the house of £458,000 on 20 Jul 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £458,000 | 20 Jul 2018 |
| £287,500 | 25 Apr 2014 |
| £199,000 | 21 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 227 sq meters or 2,443 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 July 2018 the House Price Index for NORTHUMBERLAND was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £458,000 results in an estimated price of approximately £560,321.
| 20 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £458,000 | £102,321 | £560,321 |
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 | -32.318 % | £-148,017 | £309,982 |
| 3 Month Average | -5.045 % | £-23,105 | £434,894 |
| 6 Month Average | 12.220 % | £55,969 | £513,969 |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 16 Mar 2017.
The average size of a house on NEWGATE STREET is 147 sq meters (1,584 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Bullers Green |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bullers Green |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bullers Green |
| Jan 2024 | Anti-social behaviour | On or near Bullers Green | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bullers Green |