£126,787
This estimated value is based upon the latest sale price for the house of £106,630 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £106,630 | 13 Mar 2020 |
| £95,000 | 16 Mar 2011 |
| £200,000 | 15 May 2008 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £106,630 results in an estimated price of approximately £126,787.
| 13 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £106,630 | £20,157 | £126,787 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | -66.667 % | £-71,086 | £35,543 |
| 3 Month Average | 32.280 % | £34,419 | £141,049 |
| 6 Month Average | 17.981 % | £19,173 | £125,803 |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 12 Dec 2019.
There is one other house on the street which we know the size of, this is 4 THE PETH it is 135.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Peth Head |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Anti-social behaviour | On or near Cheviot Street |