£297,690
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£205,000 | 12 Jun 2015 |
£180,000 | 24 Apr 2009 |
£82,500 | 22 Jan 1999 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2015 the House Price Index for NORTHUMBERLAND was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £205,000 results in an estimated price of approximately £297,690.
12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £205,000 | £92,690 | £297,690 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 142.033 % | £291,166 | £496,166 |
3 Month Average | 4.227 % | £8,665 | £213,665 |
6 Month Average | 1.363 % | £2,793 | £207,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £235,005 | £232,000 | 83 ALBATROSS WAY |
21 Sep 2023 | £298,821 | £295,000 | 14 KITTIWAKE CLOSE |
30 Jun 2023 | £172,084 | £170,000 | 31 ALBATROSS WAY |
21 Jun 2023 | £193,342 | £191,000 | 34 ALBATROSS WAY |
10 Mar 2023 | £136,284 | £135,000 | 5 FULMAR DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 27 Aug 2020. Using an estimated price of £297,691 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on ALBATROSS WAY is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Albatross Way | |
Apr 2024 | Anti-social behaviour | On or near Avocet Close | |
Mar 2024 | Anti-social behaviour | On or near Fulmar Drive | |
Mar 2024 | Anti-social behaviour | On or near Fulmar Drive | |
Apr 2024 | Drugs | Under investigation | On or near Heron Close |