£326,802
This estimated value is based upon the latest sale price for the house of £70,000 on 30 Nov 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£70,000 | 30 Nov 1998 |
Detached |
Freehold |
Floor Area: 166 sq meters or 1,786 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 November 1998 the House Price Index for NORTHUMBERLAND was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £70,000 results in an estimated price of approximately £326,802.
30 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.861 % | £70,000 | £256,802 | £326,802 |
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 | 103.907 % | £72,735 | £142,735 |
3 Month Average | 138.671 % | £97,069 | £167,069 |
6 Month Average | 140.462 % | £98,323 | £168,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £279,799 | £275,500 | 26 BLACKDENE |
6 Apr 2023 | £229,289 | £225,000 | 49 BLACKDENE |
9 Aug 2022 | £426,997 | £425,000 | 12 WEST PASTURES |
28 Jan 2022 | £207,799 | £196,000 | 22 CORNFORTH CLOSE |
5 Nov 2021 | £258,761 | £237,500 | 10 BLACKDENE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 25 Jul 2012. Using an estimated price of £326,803 means this house is valued at £1,968 per sq meter (£182 per sq foot).
The average size of a house on BLACKDENE is 117 sq meters (1,259 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Lawn Court | |
Jun 2024 | Anti-social behaviour | On or near Lawn Court | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oatfield Close |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oatfield Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Oatfield Close |