£309,372
This estimated value is based upon the latest sale price for the house of £305,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£305,000 | 24 Jun 2022 |
£325,000 | 23 Sep 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 June 2022 the House Price Index for NORTHUMBERLAND was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £305,000 results in an estimated price of approximately £309,372.
24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £305,000 | £4,372 | £309,372 |
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 | -35.066 % | £-106,950 | £198,049 |
3 Month Average | 9.212 % | £28,095 | £333,095 |
6 Month Average | 4.986 % | £15,207 | £320,207 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £355,546 | £351,000 | 18 COTTINGWOOD GARDENS |
25 Aug 2023 | £223,959 | £222,000 | 14 MAINS PLACE |
11 Aug 2023 | £219,924 | £218,000 | 19 MAINS PLACE |
8 Aug 2023 | £292,559 | £290,000 | 2 SCHOOL CLOSE |
4 Apr 2023 | £119,284 | £118,000 | 84A NEWGATE STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Aug 2020. Using an estimated price of £309,372 means this house is valued at £4,419 per sq meter (£410 per sq foot).
The average size of a house on NORTHUMBERLAND GARDENS is 143 sq meters (1,539 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Dawson Place |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Gardens |
Mar 2024 | Anti-social behaviour | On or near Northumberland Gardens | |
Mar 2024 | Anti-social behaviour | On or near Northumberland Gardens | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Gardens |