£109,253
This estimated value is based upon the latest sale price for the house of £66,000 on 14 Dec 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£66,000 | 14 Dec 2006 |
£66,000 | 14 Dec 2006 |
£35,500 | 28 May 2003 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2006 the House Price Index for NORTHUMBERLAND was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £66,000 results in an estimated price of approximately £109,253.
14 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 148.6 | 65.536 % | £66,000 | £43,253 | £109,253 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 38.708 % | £25,547 | £91,547 |
3 Month Average | 30.225 % | £19,948 | £85,948 |
6 Month Average | 31.228 % | £20,610 | £86,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £113,995 | £112,000 | 10 MAITLAND TERRACE |
1 Dec 2023 | £90,585 | £89,000 | 6 MAITLAND TERRACE |
31 Jul 2023 | £122,651 | £121,000 | 5 LONG PARK |
28 Jul 2023 | £98,830 | £97,500 | 13 CLEVELAND TERRACE |
18 Jul 2023 | £64,873 | £64,000 | 49 LONG PARK |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Feb 2014. Using an estimated price of £109,253 means this house is valued at £1,606 per sq meter (£149 per sq foot).
The average size of a house on LONG PARK is 94 sq meters (1,018 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |