£248,849
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£190,000 | 24 Feb 2017 |
£215,000 | 11 Aug 2006 |
£138,000 | 29 Nov 2002 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 February 2017 the House Price Index for NORTHUMBERLAND was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £190,000 results in an estimated price of approximately £248,849.
24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £190,000 | £58,849 | £248,849 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 25.928 % | £49,263 | £239,263 |
3 Month Average | 12.633 % | £24,001 | £214,001 |
6 Month Average | 6.063 % | £11,519 | £201,519 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2022 | £204,318 | £205,000 | 10 ORCHID CLOSE |
12 Sep 2022 | £119,920 | £120,000 | 16 GLENWOOD |
15 Jul 2022 | £171,721 | £170,000 | 19 WARREN COURT |
24 Jun 2022 | £178,823 | £175,000 | 9 ORCHID CLOSE |
28 Jan 2022 | £87,996 | £83,000 | 15 LYNCROFT |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 24 Feb 2016. Using an estimated price of £248,849 means this house is valued at £2,145 per sq meter (£199 per sq foot).
The average size of a house on SORREL CLOSE is 105 sq meters (1,132 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Briardene |
Jun 2024 | Anti-social behaviour | On or near Briardene | |
Jun 2024 | Anti-social behaviour | On or near Briardene | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Glenwood |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenwood |