£276,366
This estimated value is based upon the latest sale price for the house of £192,000 on 9 Jul 2015. 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 Newgate Street
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Price Paid | Date |
---|---|
£192,000 | 9 Jul 2015 |
£99,950 | 30 Apr 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 728 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 2015 the House Price Index for NORTHUMBERLAND was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £192,000 results in an estimated price of approximately £276,366.
9 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £192,000 | £84,366 | £276,366 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 26.125 % | £50,159 | £242,159 |
3 Month Average | 34.641 % | £66,510 | £258,510 |
6 Month Average | 31.758 % | £60,976 | £252,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £366,411 | £360,000 | WATSON HOUSE, 23 OLDGATE |
25 Aug 2023 | £223,959 | £222,000 | 14 MAINS PLACE |
22 Aug 2023 | £228,499 | £226,500 | 88 NEWGATE STREET |
11 Aug 2023 | £219,924 | £218,000 | 19 MAINS PLACE |
9 Jun 2023 | £376,561 | £372,000 | UNIT 2 ROYAL SOVEREIGN HOUSE MANCHESTER STREET |
This house has a floor area of 67 sq meters or 728 sq feet when measured on 6 Jan 2009. Using an estimated price of £276,366 means this house is valued at £4,081 per sq meter (£379 per sq foot).
The average size of a house on MAINS PLACE is 108 sq meters (1,169 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Newgate Street |
Jan 2024 | Shoplifting | Under investigation | On or near Newgate Street |
Jan 2024 | Burglary | Under investigation | On or near Newgate Street |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Newgate Street |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Newgate Street |