£105,967
This estimated value is based upon the latest sale price for the house of £60,000 on 16 Mar 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £60,000 | 16 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2006 the House Price Index for NORTHUMBERLAND was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £60,000 results in an estimated price of approximately £105,967.
| 16 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £60,000 | £45,967 | £105,967 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 76.232 % | £45,739 | £105,739 |
| 3 Month Average | 57.712 % | £34,626 | £94,626 |
| 6 Month Average | 50.375 % | £30,225 | £90,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £113,995 | £112,000 | 10 MAITLAND TERRACE |
| 1 Dec 2023 | £90,585 | £89,000 | 6 MAITLAND TERRACE |
| 31 Jul 2023 | £122,651 | £121,000 | 5 LONG PARK |
| 28 Jul 2023 | £98,830 | £97,500 | 13 CLEVELAND TERRACE |
| 18 Jul 2023 | £64,873 | £64,000 | 49 LONG PARK |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 Mar 2015. Using an estimated price of £105,968 means this house is valued at £1,535 per sq meter (£142 per sq foot).
The average size of a house on LONG PARK is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |