£163,596
This estimated value is based upon the latest sale price for the house of £156,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£156,000 | 18 Feb 2022 |
£118,000 | 23 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 February 2022 the House Price Index for NORTHUMBERLAND was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £156,000 results in an estimated price of approximately £163,596.
18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £156,000 | £7,596 | £163,596 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 24.348 % | £37,982 | £193,982 |
3 Month Average | -43.455 % | £-67,789 | £88,210 |
6 Month Average | 18.329 % | £28,593 | £184,593 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £119,447 | £118,000 | 3 LESBURY AVENUE |
1 Jun 2023 | £136,655 | £135,000 | 2 BEVERLEY DRIVE |
1 Jun 2023 | £167,023 | £165,000 | 2 WESTWOOD GARDENS |
21 Apr 2023 | £171,850 | £170,000 | 1 RINGWAY |
29 Jul 2022 | £195,526 | £195,000 | 89 ASHINGTON DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Jul 2018. Using an estimated price of £163,596 means this house is valued at £1,924 per sq meter (£178 per sq foot).
The average size of a house on WESTWOOD GARDENS is 146 sq meters (1,577 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westwood Gardens |
Mar 2024 | Anti-social behaviour | On or near Westwood Gardens | |
Mar 2024 | Anti-social behaviour | On or near Westwood Gardens | |
Feb 2024 | Anti-social behaviour | On or near Westwood Gardens | |
Feb 2024 | Anti-social behaviour | On or near Westwood Gardens |