£463,551
This estimated value is based upon the latest sale price for the house of £375,000 on 7 May 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £375,000 | 7 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 May 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £375,000 results in an estimated price of approximately £463,551.
| 7 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £375,000 | £88,551 | £463,551 |
The Postcode Pricing Model uses changes in average sales price within the NE69 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 | 193.333 % | £724,999 | £1,099,999 |
| 3 Month Average | 56.037 % | £210,139 | £585,139 |
| 6 Month Average | 51.501 % | £193,130 | £568,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jan 2022 | £320,984 | £305,000 | 3 ST CUTHBERTS GARTH |
| 22 Nov 2021 | £1,369,197 | £1,266,000 | THE LORD CREWE ARMS HOTEL FRONT STREET |
| 29 Oct 2020 | £997,121 | £850,000 | THE OLD COACH HOUSE, 15 FRONT STREET |
| 3 Jul 2020 | £399,037 | £330,000 | 7 ARMSTRONG COTTAGES |
| 19 Jun 2020 | £473,507 | £391,000 | 18 LINKS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Links Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Links Road |
| Apr 2024 | Anti-social behaviour | On or near Ingram Road | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Street |