£274,895
This estimated value is based upon the latest sale price for the house of £175,500 on 12 Jun 2007. 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 Chapel Lane
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Price Paid | Date |
---|---|
£175,500 | 12 Jun 2007 |
£249,999 | 1 Mar 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 216 sq meters or 2,334 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 2007 the House Price Index for NORTHUMBERLAND was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £175,500 results in an estimated price of approximately £274,895.
12 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 146.7 | 56.636 % | £175,500 | £99,395 | £274,895 |
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 | -20.505 % | £-35,986 | £139,513 |
3 Month Average | 16.169 % | £28,376 | £203,876 |
6 Month Average | 15.228 % | £26,724 | £202,224 |
This house has a floor area of 216 sq meters or 2,334 sq feet when measured on 1 Jul 2011.
The average size of a house on CHAPEL LANE is 97 sq meters (1,048 sq feet).
This house is the largest in the street with a floor area of 216 sq meters (2,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Chapel Lane |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Gills Lane |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clayport Square |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Clayport Square |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Clayport Square |