£271,807
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Oct 2004. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £145,000 | 27 Oct 2004 |
| £102,000 | 6 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| 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 October 2004 the House Price Index for NORTHUMBERLAND was 78.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 87.453%.Applying this 87.453% change to the original purchase price of £145,000 results in an estimated price of approximately £271,807.
| 27 Oct 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 146.7 | 87.453 % | £145,000 | £126,807 | £271,807 |
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 | 86.772 % | £125,819 | £270,819 |
| 3 Month Average | 37.346 % | £54,150 | £199,150 |
| 6 Month Average | 43.456 % | £63,010 | £208,010 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Aug 2020.
The average size of a house on CASTLE BANK is 118 sq meters (1,274 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Castle Square | |
| Mar 2024 | Public order | Under investigation | On or near Castle Square |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Castle Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |