£162,080
This estimated value is based upon the latest sale price for the house of £160,000 on 9 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£160,000 | 9 Nov 2023 |
£154,950 | 25 May 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 November 2023 the House Price Index for NORTHUMBERLAND was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £160,000 results in an estimated price of approximately £162,080.
9 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.0 | 1.300 % | £160,000 | £2,080 | £162,080 |
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 | -48.393 % | £-77,429 | £82,570 |
3 Month Average | -10.780 % | £-17,248 | £142,751 |
6 Month Average | -9.484 % | £-15,174 | £144,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £180,923 | £177,500 | FLAT 23 MALTHOUSE DISPENSARY STREET |
9 Nov 2023 | £162,081 | £160,000 | 1 MALTHOUSE DISPENSARY STREET |
11 Aug 2023 | £163,494 | £162,500 | 110 WINDSOR GARDENS |
7 Jul 2023 | £242,292 | £240,000 | 32 MALTHOUSE DISPENSARY STREET |
9 Jun 2023 | £161,308 | £160,000 | 4 DISPENSARY STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 25 Sep 2017. Using an estimated price of £162,081 means this house is valued at £2,794 per sq meter (£259 per sq foot).
The average size of a house on DISPENSARY STREET is 94 sq meters (1,020 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dispensary Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Dispensary Street |
Feb 2024 | Anti-social behaviour | On or near Dispensary Street | |
Feb 2024 | Anti-social behaviour | On or near Dispensary Street | |
Feb 2024 | Anti-social behaviour | On or near Dispensary Street |