£134,236
This estimated value is based upon the latest sale price for the house of £90,000 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£90,000 | 15 Dec 2014 |
£87,000 | 12 Apr 2006 |
£29,500 | 11 Feb 2000 |
£31,100 | 21 Jan 2000 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 987 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 December 2014 the House Price Index for NORTHUMBERLAND was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £90,000 results in an estimated price of approximately £134,236.
15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £90,000 | £44,236 | £134,236 |
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 | 242.078 % | £217,869 | £307,869 |
3 Month Average | 18.239 % | £16,415 | £106,415 |
6 Month Average | 8.708 % | £7,836 | £97,836 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £111,959 | £110,000 | 17 PLESSEY AVENUE |
15 Jul 2022 | £162,501 | £162,064 | 61 HEDLEY AVENUE |
4 May 2022 | £173,265 | £170,000 | 8 PLESSEY AVENUE |
11 Mar 2022 | £145,077 | £140,000 | 10 HUNTER AVENUE |
14 Jan 2022 | £84,193 | £80,000 | 28 SHOTTON AVENUE |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 5 Mar 2011. Using an estimated price of £134,236 means this house is valued at £1,463 per sq meter (£135 per sq foot).
The average size of a house on HUNTER AVENUE is 92 sq meters (990 sq feet).