£376,284
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Sep 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 22 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2014 the House Price Index for NORTHUMBERLAND was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £250,000 results in an estimated price of approximately £376,284.
| 22 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £250,000 | £126,284 | £376,284 |
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 | 29.242 % | £73,105 | £323,105 |
| 3 Month Average | 36.085 % | £90,212 | £340,212 |
| 6 Month Average | 29.254 % | £73,134 | £323,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £370,485 | £365,000 | 3 SOUTH TERRACE |
| 9 Jun 2023 | £376,561 | £372,000 | UNIT 2 ROYAL SOVEREIGN HOUSE MANCHESTER STREET |
| 2 Jun 2023 | £172,084 | £170,000 | 2 WELLWAY COURT |
| 22 Feb 2023 | £114,923 | £115,000 | 11 WELLWAY COURT |
| 28 Nov 2022 | £884,289 | £895,000 | 3 KINGS AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Mar 2014. Using an estimated price of £376,285 means this house is valued at £3,484 per sq meter (£323 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Copper Chare |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Copper Chare |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Copper Chare |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Gardens |
| Mar 2024 | Anti-social behaviour | On or near Northumberland Gardens |