£107,581
This estimated value is based upon the latest sale price for the house of £83,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£83,000 | 10 Mar 2017 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 March 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £83,000 results in an estimated price of approximately £107,581.
10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £83,000 | £24,581 | £107,581 |
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 | 73.356 % | £60,885 | £143,885 |
3 Month Average | 33.335 % | £27,667 | £110,667 |
6 Month Average | 30.728 % | £25,504 | £108,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £131,415 | £130,000 | 18 WAVERLEY DRIVE |
3 Apr 2023 | £85,925 | £85,000 | 10 CHERRYTREE COURT |
10 Mar 2023 | £51,838 | £51,350 | 15 JUBILEE TERRACE |
3 Mar 2023 | £121,141 | £120,000 | 8 WAVERLEY DRIVE |
24 Jun 2022 | £91,290 | £90,000 | 6 JUBILEE MEWS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Aug 2016. Using an estimated price of £107,581 means this house is valued at £960 per sq meter (£89 per sq foot).
The average size of a house on WAVERLEY DRIVE is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Jubilee Mews |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Mews |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Mews |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Jubilee Mews |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Mews |