£122,097
This estimated value is based upon the latest sale price for the house of £74,950 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £74,950 | 23 Feb 2007 |
| £64,000 | 17 Dec 2004 |
| £29,000 | 11 Dec 2002 |
| £23,000 | 20 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
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 February 2007 the House Price Index for NORTHUMBERLAND was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £74,950 results in an estimated price of approximately £122,097.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £74,950 | £47,147 | £122,097 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 27.977 % | £20,968 | £95,918 |
| 3 Month Average | -8.481 % | £-6,356 | £68,593 |
| 6 Month Average | 5.419 % | £4,061 | £79,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £100,883 | £100,000 | 12 VICTORIA TERRACE |
| 2 Jun 2023 | £96,165 | £95,000 | 10 HOLYOAKE STREET |
| 14 Apr 2023 | £95,023 | £94,000 | 18 NEALE STREET |
| 24 Feb 2023 | £99,933 | £100,000 | 18A FRONT STREET |
| 11 Feb 2022 | £87,042 | £83,000 | 5 NEALE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Mar 2024 | Anti-social behaviour | On or near Neale Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Feb 2024 | Anti-social behaviour | On or near Police Station |