£47,470
This estimated value is based upon the latest sale price for the house of £28,500 on 6 Jun 2013. 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 Tyne Street
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Price Paid | Date |
---|---|
£28,500 | 6 Jun 2013 |
£26,500 | 22 Dec 2011 |
£42,000 | 14 Sep 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 522 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 2013 the House Price Index for NORTHUMBERLAND was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £28,500 results in an estimated price of approximately £47,470.
6 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 148.6 | 66.563 % | £28,500 | £18,970 | £47,470 |
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 | -30.210 % | £-8,609 | £19,890 |
3 Month Average | 4.931 % | £1,405 | £29,905 |
6 Month Average | 24.192 % | £6,894 | £35,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £44,661 | £44,000 | 175 WOODHORN ROAD |
25 Sep 2023 | £49,128 | £48,500 | 3 PERCY STREET |
30 Aug 2022 | £54,852 | £55,000 | 76 CASTLE TERRACE |
22 Apr 2022 | £87,533 | £85,000 | 26 QUEEN STREET |
13 Apr 2022 | £53,550 | £52,000 | 12 QUEEN STREET |
This house has a floor area of 48 sq meters or 522 sq feet when measured on 4 Mar 2011. Using an estimated price of £47,471 means this house is valued at £977 per sq meter (£90 per sq foot).
The average size of a house on WOODHORN ROAD is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Awaiting court outcome | On or near Tyne Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tyne Street |
Feb 2024 | Burglary | Awaiting court outcome | On or near Tyne Street |
Feb 2024 | Public order | Under investigation | On or near Tyne Street |
Feb 2024 | Drugs | Under investigation | On or near Tyne Street |