£50,716
This estimated value is based upon the latest sale price for the house of £50,000 on 6 Jun 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £50,000 | 6 Jun 2022 |
| £60,000 | 28 Apr 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 June 2022 the House Price Index for NORTHUMBERLAND was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £50,000 results in an estimated price of approximately £50,716.
| 6 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £50,000 | £716 | £50,716 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -0.745 % | £-372 | £49,627 |
| 3 Month Average | 11.907 % | £5,953 | £55,953 |
| 6 Month Average | 23.441 % | £11,720 | £61,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £50,141 | £49,500 | 197 CHESTNUT STREET |
| 14 Sep 2023 | £48,622 | £48,000 | 152 MAPLE STREET |
| 14 Apr 2023 | £40,434 | £39,999 | 188 MAPLE STREET |
| 27 Jan 2023 | £39,811 | £39,999 | 190 MAPLE STREET |
| 25 Oct 2022 | £69,254 | £70,000 | 150 SYCAMORE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Sep 2018. Using an estimated price of £50,717 means this house is valued at £685 per sq meter (£63 per sq foot).
The average size of a house on MAPLE STREET is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Mar 2024 | Public order | Under investigation | On or near Fourth Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Fourth Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |