£79,521
This estimated value is based upon the latest sale price for the house of £65,000 on 11 Jul 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £65,000 | 11 Jul 2018 |
| £80,000 | 19 Dec 2003 |
| £41,000 | 19 Nov 1999 |
| £37,000 | 17 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 672 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 £65,000 results in an estimated price of approximately £79,521.
| 11 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £65,000 | £14,521 | £79,521 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 47.817 % | £31,080 | £96,080 |
| 3 Month Average | 7.496 % | £4,872 | £69,872 |
| 6 Month Average | 20.874 % | £13,567 | £78,567 |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 15 Jan 2009.
The average size of a house on CORCHESTER ROAD is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chichester Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Choppington Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bonchester Close |
| Feb 2024 | Public order | Under investigation | On or near Octavia Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Octavia Close |