£352,191
This estimated value is based upon the latest sale price for the house of £190,000 on 11 Jun 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£190,000 | 11 Jun 2009 |
Terraced |
Leasehold |
Floor Area: 128 sq meters or 1,382 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 June 2009 the House Price Index for NORTHUMBERLAND was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £190,000 results in an estimated price of approximately £352,191.
11 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £190,000 | £162,191 | £352,191 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 21.066 % | £40,025 | £230,025 |
3 Month Average | 35.253 % | £66,980 | £256,980 |
6 Month Average | 25.619 % | £48,676 | £238,676 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £176,533 | £175,000 | 81 RINGWOOD DRIVE |
21 Nov 2023 | £215,469 | £210,000 | 9 ROTHERFIELD CLOSE |
10 Aug 2023 | £274,959 | £270,000 | 1 ROTHERFIELD CLOSE |
28 Apr 2023 | £214,003 | £210,000 | 148 RINGWOOD DRIVE |
17 Feb 2023 | £289,433 | £287,500 | 129 RINGWOOD DRIVE |
This house has a floor area of 128 sq meters or 1,382 sq feet when measured on 15 Dec 2008. Using an estimated price of £352,192 means this house is valued at £2,742 per sq meter (£254 per sq foot).
The average size of a house on RINGWOOD DRIVE is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Purbeck Gardens |
Jul 2024 | Burglary | Under investigation | On or near Poole Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Poole Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Poole Close |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Poole Close |