£91,100
This estimated value is based upon the latest sale price for the house of £72,500 on 9 May 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£72,500 | 9 May 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 96 sq meters or 1,033 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 May 2018 the House Price Index for NORTHUMBERLAND was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £72,500 results in an estimated price of approximately £91,100.
9 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £72,500 | £18,600 | £91,100 |
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 | -1.254 % | £-909 | £71,590 |
3 Month Average | 38.969 % | £28,252 | £100,752 |
6 Month Average | 14.766 % | £10,705 | £83,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £51,951 | £51,500 | 12 RED HOUSE FARM ESTATE |
22 Sep 2023 | £168,719 | £165,000 | 8 BARLEY GROVE |
15 Mar 2023 | £286,789 | £282,000 | 5 ORCHARD WAY |
27 Jan 2023 | £105,281 | £105,000 | 19 MEADOWDALE CRESCENT |
27 Jul 2022 | £109,093 | £108,000 | 200 NORTH RIDGE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 20 Apr 2018. Using an estimated price of £91,100 means this house is valued at £948 per sq meter (£88 per sq foot).
The average size of a house on NORTH RIDGE is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near North Ridge | |
Jun 2024 | Anti-social behaviour | On or near North Ridge | |
Jul 2024 | Other theft | Under investigation | On or near Meadowdale Crescent |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadowdale Crescent |
May 2024 | Violence and sexual offences | Under investigation | On or near Meadowdale Crescent |