£333,149
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £220,000 | 21 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 2014 the House Price Index for NORTHUMBERLAND was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £220,000 results in an estimated price of approximately £333,149.
| 21 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £220,000 | £113,149 | £333,149 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 37.711 % | £82,965 | £302,965 |
| 3 Month Average | 31.520 % | £69,343 | £289,343 |
| 6 Month Average | 30.385 % | £66,847 | £286,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £161,412 | £160,000 | 19 DUNCAN GARDENS |
| 16 Jun 2023 | £283,433 | £280,000 | 19 HIGH PARK |
| 25 Jan 2023 | £124,414 | £125,000 | 40 DUNCAN GARDENS |
| 7 Oct 2022 | £123,668 | £125,000 | 18 DUNCAN GARDENS |
| 27 May 2022 | £295,569 | £290,000 | 2 HILLSIDE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 7 Jan 2015. Using an estimated price of £333,150 means this house is valued at £2,847 per sq meter (£264 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Duncan Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Duncan Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Duncan Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Duncan Gardens | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Duncan Gardens |