£86,163
This estimated value is based upon the latest sale price for the house of £80,995 on 8 Sep 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £80,995 | 8 Sep 2021 |
| £76,000 | 10 May 2018 |
| 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 September 2021 the House Price Index for NORTHUMBERLAND was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £80,995 results in an estimated price of approximately £86,163.
| 8 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £80,995 | £5,168 | £86,163 |
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 | -7.757 % | £-6,282 | £74,712 |
| 3 Month Average | -15.326 % | £-12,412 | £68,582 |
| 6 Month Average | -6.011 % | £-4,868 | £76,126 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Nov 2017.
The average size of a house on COWPEN ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Lindsay Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lindsay Avenue |
| Feb 2024 | Anti-social behaviour | On or near Lindsay Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lindsay Avenue | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lindsay Avenue |