£130,109
This estimated value is based upon the latest sale price for the house of £81,000 on 18 Apr 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £81,000 | 18 Apr 2007 |
| £58,000 | 27 Feb 2004 |
| £25,500 | 24 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
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 April 2007 the House Price Index for NORTHUMBERLAND was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £81,000 results in an estimated price of approximately £130,109.
| 18 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £81,000 | £49,109 | £130,109 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -2.247 % | £-1,820 | £79,179 |
| 3 Month Average | 32.913 % | £26,659 | £107,659 |
| 6 Month Average | 26.467 % | £21,438 | £102,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £280,081 | £276,500 | 5 MARKET STREET |
| 13 Apr 2023 | £96,034 | £95,000 | 6 ANGEL LANE |
| 7 Feb 2023 | £259,825 | £260,000 | 1A CHAPEL LANE |
| 31 Jan 2023 | £127,400 | £128,000 | 1 WHITE HART LANE |
| 28 Nov 2022 | £255,900 | £259,000 | 1 THE OLD LIBRARY, 35 GREEN BATT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near St Michael'S Lane |