£60,011
This estimated value is based upon the latest sale price for the house of £47,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£47,000 | 29 Sep 2017 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2017 the House Price Index for NORTHUMBERLAND was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £47,000 results in an estimated price of approximately £60,011.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £47,000 | £13,011 | £60,011 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -11.607 % | £-5,455 | £41,544 |
3 Month Average | -11.796 % | £-5,544 | £41,455 |
6 Month Average | -4.628 % | £-2,175 | £44,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £32,280 | £32,000 | 207 SYCAMORE STREET |
19 Dec 2023 | £46,427 | £45,000 | 210 SYCAMORE STREET |
18 Dec 2023 | £229,038 | £222,000 | 106 MILBURN ROAD |
1 Dec 2023 | £48,490 | £47,000 | 227 MAPLE STREET |
7 Nov 2023 | £46,172 | £45,000 | 60 MILBURN ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Apr 2017. Using an estimated price of £60,012 means this house is valued at £638 per sq meter (£59 per sq foot).
The average size of a house on PONT STREET is 93 sq meters (1,001 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fourth Avenue |
Jul 2024 | Anti-social behaviour | On or near Fourth Avenue | |
Jul 2024 | Robbery | Awaiting court outcome | On or near Fourth Avenue |
Jul 2024 | Other theft | Under investigation | On or near Fourth Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fourth Avenue |