£108,739
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Dec 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £110,000 | 13 Dec 2022 |
| £81,000 | 24 Mar 2006 |
| £86,000 | 26 Oct 2004 |
| £25,000 | 26 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 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 2022 the House Price Index for NORTHUMBERLAND was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £110,000 results in an estimated price of approximately £108,739.
| 13 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £110,000 | £-1,260 | £108,739 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | -13.694 % | £-15,063 | £94,936 |
| 3 Month Average | -24.444 % | £-26,888 | £83,111 |
| 6 Month Average | -14.387 % | £-15,825 | £94,174 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 20 Feb 2015.
The average size of a house on MALVINS ROAD is 74 sq meters (805 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malvins Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Earl'S Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near King'S Gardens |
| Feb 2024 | Robbery | Under investigation | On or near King'S Gardens |
| Feb 2024 | Robbery | Awaiting court outcome | On or near King'S Gardens |