£170,190
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Nov 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £135,000 | 1 Nov 2017 |
| £140,000 | 31 Oct 2017 |
| £129,000 | 16 Jul 2012 |
| £156,000 | 19 Dec 2006 |
| £59,995 | 24 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,338 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 November 2017 the House Price Index for NORTHUMBERLAND was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £135,000 results in an estimated price of approximately £170,190.
| 1 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £135,000 | £35,190 | £170,190 |
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 | -21.106 % | £-28,493 | £106,506 |
| 3 Month Average | 14.800 % | £19,979 | £154,979 |
| 6 Month Average | 8.330 % | £11,245 | £146,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £162,022 | £159,950 | 52 JUBILEE ESTATE |
| 26 Jun 2023 | £113,879 | £112,500 | 19 JUBILEE ESTATE |
| 31 Mar 2023 | £100,951 | £100,000 | 55 JUBILEE ESTATE |
| 16 Feb 2023 | £149,899 | £150,000 | 1 NEWBIGGIN ROAD |
| 27 Jan 2023 | £187,616 | £188,500 | 88 JUBILEE ESTATE |
This house has a floor area of 124 sq meters or 1,338 sq feet when measured on 12 Mar 2012. Using an estimated price of £170,190 means this house is valued at £1,368 per sq meter (£127 per sq foot).
The average size of a house on JUBILEE ESTATE is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Blackclose Estate | |
| Feb 2024 | Anti-social behaviour | On or near Blackclose Estate | |
| Jan 2024 | Anti-social behaviour | On or near Blackclose Estate | |
| Jan 2024 | Anti-social behaviour | On or near Blackclose Estate | |
| Jan 2024 | Anti-social behaviour | On or near Blackclose Estate |