£119,437
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Jan 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 24 Jan 2023 |
| £85,000 | 28 Aug 2018 |
| £83,500 | 31 Oct 2012 |
| £79,000 | 12 Nov 2003 |
| £79,000 | 12 Nov 2003 |
| £44,500 | 5 Nov 1999 |
| £41,000 | 12 Mar 1997 |
| £22,000 | 21 Jul 1995 |
| Terraced |
| Freehold |
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 January 2023 the House Price Index for NORTHUMBERLAND was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £120,000 results in an estimated price of approximately £119,437.
| 24 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £120,000 | £-562 | £119,437 |
The Postcode Pricing Model uses changes in average sales price within the NE48 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 | 93.418 % | £112,102 | £232,102 |
| 3 Month Average | -14.364 % | £-17,236 | £102,763 |
| 6 Month Average | -8.032 % | £-9,638 | £110,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £425,440 | £420,000 | 2 AMERICAN GARDENS |
| 1 Sep 2023 | £202,590 | £200,000 | WARK VILLAGE BUTCHERS HEXHAM ROAD |
| 30 Jun 2023 | £248,004 | £245,000 | 15 ST MICHAELS MOUNT |
| 6 Apr 2023 | £93,507 | £92,500 | 2 BANK HOUSE |
| 16 Mar 2023 | £160,007 | £158,500 | 7 ELLIOTT TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Main Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Main Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space |