£256,841
This estimated value is based upon the latest sale price for the house of £147,500 on 4 Aug 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£147,500 | 4 Aug 2011 |
£147,500 | 21 Oct 2005 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,291 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 £147,500 results in an estimated price of approximately £256,841.
4 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.130 % | £147,500 | £109,341 | £256,841 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 0.071 % | £104 | £147,604 |
3 Month Average | 7.993 % | £11,790 | £159,290 |
6 Month Average | 10.429 % | £15,382 | £162,882 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £211,840 | £210,000 | 35 HOTSPUR AVENUE |
18 Dec 2023 | £196,023 | £190,000 | 37 HOTSPUR AVENUE |
25 Aug 2023 | £305,459 | £299,950 | 2 HOTSPUR AVENUE |
21 Aug 2023 | £364,066 | £357,500 | 6 ST JAMES GARDENS |
19 Apr 2023 | £336,290 | £330,000 | 15 CHURCH LANE |
This house has a floor area of 119 sq meters or 1,291 sq feet when measured on 13 Jan 2011. Using an estimated price of £256,842 means this house is valued at £2,141 per sq meter (£198 per sq foot).
The average size of a house on HOTSPUR AVENUE is 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hotspur Avenue |
Apr 2024 | Anti-social behaviour | On or near Hotspur Avenue | |
Apr 2024 | Anti-social behaviour | On or near Hotspur Avenue | |
Apr 2024 | Anti-social behaviour | On or near Hotspur Avenue | |
Apr 2024 | Anti-social behaviour | On or near Hotspur Avenue |