£154,638
This estimated value is based upon the latest sale price for the house of £69,950 on 3 Oct 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Chapel Lane
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| Price Paid | Date |
|---|---|
| £69,950 | 3 Oct 2003 |
| £36,950 | 14 Sep 2001 |
| £32,500 | 2 Feb 1999 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 October 2003 the House Price Index for NORTHUMBERLAND was 66.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 121.070%.Applying this 121.070% change to the original purchase price of £69,950 results in an estimated price of approximately £154,638.
| 3 Oct 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 146.7 | 121.070 % | £69,950 | £84,688 | £154,638 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 24.276 % | £16,981 | £86,931 |
| 3 Month Average | 69.359 % | £48,516 | £118,466 |
| 6 Month Average | 87.782 % | £61,403 | £131,353 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Sep 2011.
The average size of a house on CHAPEL LANE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chapel Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gills Lane |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Green Batt |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Green Batt |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Clayport Square |