£212,703
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Oct 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £125,000 | 20 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 October 2006 the House Price Index for NORTHUMBERLAND was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £125,000 results in an estimated price of approximately £212,703.
| 20 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £125,000 | £87,703 | £212,703 |
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 | -10.846 % | £-13,557 | £111,442 |
| 3 Month Average | 34.037 % | £42,545 | £167,545 |
| 6 Month Average | 22.664 % | £28,329 | £153,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £247,455 | £242,000 | 1 GOSPORT WAY |
| 3 Aug 2023 | £208,765 | £205,000 | 15 GATELEY AVENUE |
| 2 Aug 2023 | £315,694 | £310,000 | 17 FELSTEAD PLACE |
| 1 Aug 2023 | £229,133 | £225,000 | 4 GATELEY AVENUE |
| 6 Apr 2023 | £158,973 | £156,000 | 16 GOSPORT WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 20 Sep 2013. Using an estimated price of £212,703 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on GOSPORT WAY is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Farnham Grove |