£119,031
This estimated value is based upon the latest sale price for the house of £31,100 on 20 Apr 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£31,100 | 20 Apr 2000 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 April 2000 the House Price Index for NORTHUMBERLAND was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £31,100 results in an estimated price of approximately £119,031.
20 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 149.7 | 282.739 % | £31,100 | £87,931 | £119,031 |
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 | 131.958 % | £41,038 | £72,138 |
3 Month Average | 242.838 % | £75,522 | £106,622 |
6 Month Average | 186.426 % | £57,978 | £89,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £56,240 | £55,000 | 151A PLESSEY ROAD |
17 Feb 2023 | £44,296 | £44,000 | 81 WILLIAM STREET |
13 Jan 2023 | £57,153 | £57,000 | 45 WILLIAM STREET |
13 Jan 2023 | £77,708 | £77,500 | 13 GEORGE STREET |
28 Oct 2022 | £125,021 | £125,439 | 46 WILLIAM STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Nov 2014. Using an estimated price of £119,032 means this house is valued at £1,368 per sq meter (£127 per sq foot).
The average size of a house on PLESSEY ROAD is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coronation Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Hedley Avenue |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunter Avenue |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hunter Avenue |