£106,024
This estimated value is based upon the latest sale price for the house of £41,000 on 5 Nov 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£41,000 | 5 Nov 2002 |
£33,000 | 3 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 649 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 November 2002 the House Price Index for NORTHUMBERLAND was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £41,000 results in an estimated price of approximately £106,024.
5 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £41,000 | £65,024 | £106,024 |
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 | 82.281 % | £33,735 | £74,735 |
3 Month Average | 158.751 % | £65,088 | £106,088 |
6 Month Average | 132.561 % | £54,350 | £95,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £215,469 | £210,000 | 45 CYPRESS GARDENS |
24 Aug 2023 | £86,561 | £85,000 | 92 KINGSWAY |
23 Aug 2023 | £81,469 | £80,000 | 133 PRINCESS LOUISE ROAD |
18 Jan 2023 | £70,188 | £70,000 | 23 BROADWAY CRESCENT |
6 Jan 2023 | £184,493 | £184,000 | 36 BROADWAY |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 8 Jul 2010. Using an estimated price of £106,024 means this house is valued at £1,756 per sq meter (£163 per sq foot).
The average size of a house on KINGSWAY is 68 sq meters (733 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Broadway Crescent | |
May 2024 | Anti-social behaviour | On or near Kingsway | |
May 2024 | Anti-social behaviour | On or near Kingsway | |
Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |