£358,496
This estimated value is based upon the latest sale price for the house of £62,950 on 25 Jul 1995. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£62,950 | 25 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 667 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 July 1995 the House Price Index for NORTHUMBERLAND was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 469.494%.Applying this 469.494% change to the original purchase price of £62,950 results in an estimated price of approximately £358,496.
25 Jul 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 149.7 | 469.494 % | £62,950 | £295,546 | £358,496 |
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 | 126.615 % | £79,704 | £142,654 |
3 Month Average | 186.433 % | £117,359 | £180,309 |
6 Month Average | 170.147 % | £107,107 | £170,057 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £200,000 | £200,000 | 49 THE WYNDING |
24 Oct 2023 | £243,531 | £238,000 | 61 AUGUSTUS DRIVE |
3 Apr 2023 | £246,613 | £242,000 | 65 AUGUSTUS DRIVE |
31 Mar 2023 | £195,261 | £192,000 | 57 AUGUSTUS DRIVE |
22 Mar 2023 | £189,159 | £186,000 | 85 THE WYNDING |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Sep 2017. Using an estimated price of £358,497 means this house is valued at £5,782 per sq meter (£537 per sq foot).
The average size of a house on CENTURIAN WAY is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Lanchester Green |
Jul 2024 | Anti-social behaviour | On or near Lanchester Green | |
May 2024 | Criminal damage and arson | Under investigation | On or near Bonchester Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bonchester Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bonchester Close |