£93,094
This estimated value is based upon the latest sale price for the house of £36,000 on 18 Nov 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£36,000 | 18 Nov 2002 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 850 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 November 2002 the House Price Index for NORTHUMBERLAND was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £36,000 results in an estimated price of approximately £93,094.
18 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £36,000 | £57,094 | £93,094 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 77.524 % | £27,908 | £63,908 |
3 Month Average | 99.840 % | £35,942 | £71,942 |
6 Month Average | 114.873 % | £41,354 | £77,354 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £69,450 | £69,450 | 144 ARIEL STREET |
24 Apr 2024 | £34,802 | £34,500 | 207 ALEXANDRA ROAD |
24 Apr 2024 | £32,785 | £32,500 | 162 ARIEL STREET |
15 Mar 2024 | £78,810 | £77,599 | 196 ARIEL STREET |
18 Dec 2023 | £72,219 | £70,000 | 160 ARIEL STREET |
This house has a floor area of 78 sq meters or 850 sq feet when measured on 24 Oct 2008. Using an estimated price of £93,094 means this house is valued at £1,178 per sq meter (£109 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Berrymoor |
May 2024 | Public order | Under investigation | On or near Berrymoor |
Jul 2024 | Shoplifting | Awaiting court outcome | On or near Welfare Crescent |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Welfare Crescent |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Welfare Crescent |