£131,817
This estimated value is based upon the latest sale price for the house of £129,000 on 22 Jun 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£129,000 | 22 Jun 2022 |
£94,000 | 22 Jan 2016 |
£41,000 | 21 Sep 2001 |
£25,000 | 15 Nov 1996 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £129,000 results in an estimated price of approximately £131,817.
22 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £129,000 | £2,817 | £131,817 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -13.418 % | £-17,309 | £111,690 |
3 Month Average | 11.853 % | £15,290 | £144,290 |
6 Month Average | 8.032 % | £10,361 | £139,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2024 | £220,000 | £220,000 | 40 PORCHESTER DRIVE |
1 Mar 2024 | £209,214 | £206,000 | 91 PORCHESTER DRIVE |
8 Dec 2023 | £126,899 | £123,000 | 4 THIRSTON DRIVE |
17 Apr 2023 | £109,549 | £107,500 | 21 THIRSTON DRIVE |
29 Nov 2022 | £126,409 | £127,000 | 26 TANGMERE CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 May 2016. Using an estimated price of £131,818 means this house is valued at £1,387 per sq meter (£128 per sq foot).
The average size of a house on TANGMERE CLOSE is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Tangmere Close | |
Jun 2024 | Anti-social behaviour | On or near Tangmere Close | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Tangmere Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Tangmere Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Tangmere Close |