£124,245
This estimated value is based upon the latest sale price for the house of £70,500 on 3 Oct 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£70,500 | 3 Oct 2008 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 854 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 October 2008 the House Price Index for NORTHUMBERLAND was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £70,500 results in an estimated price of approximately £124,245.
3 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £70,500 | £53,745 | £124,245 |
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 | -0.822 % | £-579 | £69,920 |
3 Month Average | 54.363 % | £38,325 | £108,825 |
6 Month Average | 23.705 % | £16,711 | £87,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £129,489 | £127,500 | 14 NORHAM CLOSE |
8 Dec 2023 | £118,646 | £115,000 | 28 TREVELYAN AVENUE |
27 Oct 2023 | £107,440 | £105,000 | 15 HEPPLE COURT |
31 Mar 2023 | £116,546 | £114,600 | 10 NORHAM CLOSE |
21 Oct 2022 | £78,737 | £79,000 | 43 TREVELYAN AVENUE |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 25 Jun 2009. Using an estimated price of £124,245 means this house is valued at £1,564 per sq meter (£145 per sq foot).
The average size of a house on OGLE DRIVE is 88 sq meters (950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Thropton Court |
Jun 2024 | Anti-social behaviour | On or near Thropton Court | |
Jun 2024 | Anti-social behaviour | On or near Thropton Court | |
Jun 2024 | Anti-social behaviour | On or near Thropton Court | |
Jun 2024 | Anti-social behaviour | On or near Thropton Court |