£61,846
This estimated value is based upon the latest sale price for the house of £42,500 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £42,500 | 6 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2015 the House Price Index for NORTHUMBERLAND was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £42,500 results in an estimated price of approximately £61,846.
| 6 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £42,500 | £19,346 | £61,846 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -5.567 % | £-2,366 | £40,133 |
| 3 Month Average | -2.485 % | £-1,056 | £41,443 |
| 6 Month Average | 10.425 % | £4,430 | £46,930 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Jun 2016.
There is one other house on the street which we know the size of, this is 10 ALBERT ROAD it is 86.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Albert Road |
| Feb 2024 | Anti-social behaviour | On or near Edward Road | |
| Feb 2024 | Anti-social behaviour | On or near Edward Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edward Road |