£343,557
This estimated value is based upon the latest sale price for the house of £267,500 on 13 Jul 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £267,500 | 13 Jul 2017 |
| £177,500 | 5 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,046 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 July 2017 the House Price Index for NORTHUMBERLAND was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £267,500 results in an estimated price of approximately £343,557.
| 13 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £267,500 | £76,057 | £343,557 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 65.424 % | £175,010 | £442,510 |
| 3 Month Average | 50.122 % | £134,075 | £401,575 |
| 6 Month Average | 22.099 % | £59,114 | £326,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £95,832 | £95,000 | 20A ST MICHAELS LANE |
| 8 Dec 2023 | £232,133 | £225,000 | 35 UPPER HOWICK STREET |
| 24 Nov 2023 | £218,548 | £213,000 | 9 ST PAULS GARTH |
| 18 Apr 2023 | £596,150 | £585,000 | 3 CROFT PLACE |
| 28 Nov 2022 | £257,795 | £259,000 | 1 THE OLD LIBRARY, 35 GREEN BATT |
This house has a floor area of 97 sq meters or 1,046 sq feet when measured on 18 Jun 2010. Using an estimated price of £343,557 means this house is valued at £3,534 per sq meter (£328 per sq foot).
The average size of a house on PRUDHOE STREET is 150 sq meters (1,618 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Street |