£109,838
This estimated value is based upon the latest sale price for the house of £23,700 on 19 Jun 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £23,700 | 19 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 1998 the House Price Index for NORTHUMBERLAND was 31.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 363.454%.Applying this 363.454% change to the original purchase price of £23,700 results in an estimated price of approximately £109,838.
| 19 Jun 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 146.7 | 363.454 % | £23,700 | £86,138 | £109,838 |
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 | 272.049 % | £64,475 | £88,175 |
| 3 Month Average | 183.580 % | £43,508 | £67,208 |
| 6 Month Average | 206.366 % | £48,908 | £72,608 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 11 Mar 2019.
The average size of a house on RICHARD STREET is 81 sq meters (875 sq feet).
This house is the largest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rowley Street |
| Jan 2024 | Anti-social behaviour | On or near Rowley Street | |
| Jan 2024 | Anti-social behaviour | On or near Rowley Street | |
| Jan 2024 | Anti-social behaviour | On or near Rowley Street | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richard Street |