£103,144
This estimated value is based upon the latest sale price for the house of £44,500 on 29 Aug 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£44,500 | 29 Aug 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 575 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 August 2003 the House Price Index for NORTHUMBERLAND was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £44,500 results in an estimated price of approximately £103,144.
29 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £44,500 | £58,644 | £103,144 |
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 | 25.778 % | £11,471 | £55,971 |
3 Month Average | 49.244 % | £21,913 | £66,413 |
6 Month Average | 52.388 % | £23,312 | £67,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £55,406 | £54,000 | 43 BLENHEIM DRIVE |
16 Mar 2023 | £157,632 | £155,000 | 16 WEST VIEW |
24 Jan 2023 | £300,804 | £300,000 | 7 PARK TERRACE |
4 Nov 2022 | £63,702 | £64,000 | 34 BLENHEIM DRIVE |
19 Aug 2022 | £150,705 | £150,000 | 5 HAREWOOD DRIVE |
This house has a floor area of 53 sq meters or 575 sq feet when measured on 12 May 2009. Using an estimated price of £103,145 means this house is valued at £1,930 per sq meter (£179 per sq foot).
The average size of a house on BLENHEIM DRIVE is 63 sq meters (682 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Park Terrace | |
Jun 2024 | Anti-social behaviour | On or near Park Terrace | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blagdon Court |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blagdon Court |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |