£505,723
This estimated value is based upon the latest sale price for the house of £292,500 on 19 Jul 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £292,500 | 19 Jul 2006 |
| £164,000 | 18 Oct 2002 |
| £135,000 | 27 Jan 1999 |
| Detached |
| 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 July 2006 the House Price Index for NORTHUMBERLAND was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £292,500 results in an estimated price of approximately £505,723.
| 19 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £292,500 | £213,223 | £505,723 |
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 | 101.557 % | £297,053 | £589,553 |
| 3 Month Average | 5.331 % | £15,593 | £308,093 |
| 6 Month Average | 36.056 % | £105,462 | £397,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £228,381 | £225,000 | 6 HAWTHORN TERRACE |
| 11 Aug 2023 | £232,030 | £230,000 | ROSE HIP COTTAGE FRONT STREET |
| 8 Aug 2023 | £302,648 | £300,000 | THE NORTHERN GARAGE |
| 21 Nov 2022 | £227,247 | £230,000 | THE SHAMBLES CROSS STREET |
| 19 Aug 2022 | £199,463 | £200,000 | 2 RUSSELL TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cross Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cross Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cross Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cross Street |