£508,576
This estimated value is based upon the latest sale price for the house of £149,950 on 29 Jun 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£149,950 | 29 Jun 2001 |
£97,500 | 1 Apr 1999 |
Terraced |
Freehold |
Floor Area: 174 sq meters or 1,872 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 2001 the House Price Index for NORTHUMBERLAND was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £149,950 results in an estimated price of approximately £508,576.
29 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 148.6 | 239.164 % | £149,950 | £358,626 | £508,576 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 284.774 % | £427,018 | £576,968 |
3 Month Average | 99.743 % | £149,564 | £299,514 |
6 Month Average | 227.283 % | £340,811 | £490,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £156,368 | £155,000 | 1 SOUTH PARADE |
24 Mar 2023 | £39,371 | £39,000 | 26 BYRON CLOSE |
7 Nov 2022 | £187,726 | £190,000 | 38 FRONT STREET |
26 Aug 2022 | £204,450 | £205,000 | 13 SOUTH PARADE |
1 Apr 2022 | £66,937 | £65,000 | 25 BYRON CLOSE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 23 Oct 2014. Using an estimated price of £508,577 means this house is valued at £2,922 per sq meter (£271 per sq foot).
The average size of a house on NORTH PARADE is 200 sq meters (2,160 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Morpeth Close | |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Morpeth Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morpeth Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morpeth Close |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Morpeth Close |