£139,348
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Nov 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £140,000 | 30 Nov 2022 |
| £42,000 | 14 Jun 1996 |
| Terraced |
| Leasehold |
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 November 2022 the House Price Index for NORTHUMBERLAND was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £140,000 results in an estimated price of approximately £139,348.
| 30 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £140,000 | £-651 | £139,348 |
The Postcode Pricing Model uses changes in average sales price within the NE43 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 | -33.713 % | £-47,197 | £92,802 |
| 3 Month Average | -49.822 % | £-69,751 | £70,248 |
| 6 Month Average | -51.632 % | £-72,284 | £67,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £55,858 | £55,000 | 1 RIDING TERRACE |
| 29 Sep 2023 | £224,959 | £220,000 | 69 RIDING DENE |
| 8 Sep 2023 | £148,268 | £145,000 | 3 NEWTON TERRACE |
| 31 Aug 2023 | £41,498 | £40,750 | 6 LEAH GARDENS |
| 24 Jan 2023 | £198,029 | £197,500 | 23 LEAH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Chapel Row | |
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Chapel Row |
| Apr 2024 | Other crime | Awaiting court outcome | On or near East Street |
| May 2024 | Anti-social behaviour | On or near Station Bank | |
| May 2024 | Anti-social behaviour | On or near Station Bank |