£213,282
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£165,000 | 20 Apr 2017 |
£146,000 | 25 Jan 2013 |
£152,500 | 18 Dec 2009 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 887 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £165,000 results in an estimated price of approximately £213,282.
20 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £165,000 | £48,282 | £213,282 |
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 | -8.671 % | £-14,307 | £150,692 |
3 Month Average | 24.524 % | £40,464 | £205,464 |
6 Month Average | 36.661 % | £60,489 | £225,489 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £213,156 | £210,000 | 3 OULTON CLOSE |
29 Sep 2023 | £141,813 | £140,000 | 24 OULTON CLOSE |
31 Aug 2023 | £181,589 | £180,000 | 11 OAKLEY DRIVE |
8 Jun 2023 | £149,815 | £148,000 | 5 OLNEY CLOSE |
14 Mar 2023 | £111,046 | £110,000 | 13 OXTED CLOSE |
This house has a floor area of 82 sq meters or 887 sq feet when measured on 14 Oct 2008. Using an estimated price of £213,283 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on OTLEY CLOSE is 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Otley Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Olney Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Olney Close |
Mar 2024 | Possession of weapons | Under investigation | On or near Oxted Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Oxted Close |