£236,990
This estimated value is based upon the latest sale price for the house of £178,000 on 30 Aug 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £178,000 | 30 Aug 2016 |
| £119,950 | 27 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 August 2016 the House Price Index for NORTHUMBERLAND was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £178,000 results in an estimated price of approximately £236,990.
| 30 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £178,000 | £58,990 | £236,990 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 5.377 % | £9,571 | £187,571 |
| 3 Month Average | -13.268 % | £-23,616 | £154,383 |
| 6 Month Average | 0.646 % | £1,149 | £179,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £40,039 | £39,500 | BALLOON HOUSE BROOMHOUSE LANE |
| 4 May 2022 | £234,417 | £230,000 | 9 VICTORIA GROVE |
| 7 Feb 2022 | £235,956 | £225,000 | 2 SCHOOL ROW |
| 3 Feb 2022 | £325,095 | £310,000 | 2 NORTHUMBERLAND COURT |
| 31 Jan 2022 | £231,530 | £220,000 | 27 SCHOOL ROW |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 30 Sep 2014. Using an estimated price of £236,991 means this house is valued at £1,866 per sq meter (£173 per sq foot).
The average size of a house on SCHOOL ROW is 119 sq meters (1,283 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near School Row | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near School Row |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove |