£125,427
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Dec 2023 |
| £120,500 | 8 Dec 2006 |
| £75,000 | 1 May 2003 |
| £48,000 | 31 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2023 the House Price Index for NORTHUMBERLAND was 146.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.342%.Applying this 0.342% change to the original purchase price of £125,000 results in an estimated price of approximately £125,427.
| 7 Dec 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.2 | 146.7 | 0.342 % | £125,000 | £427 | £125,427 |
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 | 69.181 % | £86,475 | £211,475 |
| 3 Month Average | 24.069 % | £30,086 | £155,086 |
| 6 Month Average | 2.792 % | £3,490 | £128,490 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Mar 2020.
The average size of a house on CORNHILL ESTATE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cornhill Estate |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Public order | Under investigation | On or near Supermarket |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |