£137,562
This estimated value is based upon the latest sale price for the house of £79,000 on 31 Aug 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£79,000 | 31 Aug 2011 |
£84,000 | 22 Jul 2004 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 976 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 August 2011 the House Price Index for NORTHUMBERLAND was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £79,000 results in an estimated price of approximately £137,562.
31 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.130 % | £79,000 | £58,562 | £137,562 |
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 | 34.665 % | £27,385 | £106,385 |
3 Month Average | 36.845 % | £29,107 | £108,107 |
6 Month Average | 28.091 % | £22,191 | £101,191 |
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 90 sq meters or 976 sq feet when measured on 3 Mar 2011. Using an estimated price of £137,563 means this house is valued at £1,516 per sq meter (£140 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 |