£85,460
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £70,000 | 25 Apr 2019 |
| £53,000 | 11 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 April 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £70,000 results in an estimated price of approximately £85,460.
| 25 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £70,000 | £15,460 | £85,460 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 4.490 % | £3,143 | £73,143 |
| 3 Month Average | 73.703 % | £51,592 | £121,592 |
| 6 Month Average | 59.140 % | £41,398 | £111,398 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Feb 2018.
The average size of a house on MARINE COTTAGES is 143 sq meters (1,546 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Windsor Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Windsor Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Windsor Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Windsor Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Windsor Road |