£186,009
This estimated value is based upon the latest sale price for the house of £179,500 on 8 Mar 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Chapel Lane
More crime details
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Price Paid | Date |
---|---|
£179,500 | 8 Mar 2022 |
£137,500 | 4 Nov 2019 |
£135,000 | 21 Dec 2004 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 March 2022 the House Price Index for NORTHUMBERLAND was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £179,500 results in an estimated price of approximately £186,009.
8 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £179,500 | £6,509 | £186,009 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -78.572 % | £-141,036 | £38,463 |
3 Month Average | -24.819 % | £-44,549 | £134,950 |
6 Month Average | 2.600 % | £4,667 | £184,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £126,619 | £125,000 | 7 THE MALTINGS |
13 Apr 2023 | £96,034 | £95,000 | 6 ANGEL LANE |
15 Mar 2023 | £132,246 | £131,000 | 3 THE MALTINGS |
7 Feb 2023 | £259,825 | £260,000 | 1A CHAPEL LANE |
31 Jan 2023 | £127,400 | £128,000 | 1 WHITE HART LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 22 Nov 2021. Using an estimated price of £186,009 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on CHAPEL LANE is 97 sq meters (1,048 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel Lane |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Clayport Square |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Clayport Square |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Clayport Square |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clayport Square |