£140,360
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Feb 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£75,000 | 25 Feb 2005 |
£25,000 | 13 Oct 2000 |
£25,000 | 31 May 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 February 2005 the House Price Index for NORTHUMBERLAND was 79.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 87.147%.Applying this 87.147% change to the original purchase price of £75,000 results in an estimated price of approximately £140,360.
25 Feb 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 148.6 | 87.147 % | £75,000 | £65,360 | £140,360 |
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 | -10.928 % | £-8,195 | £66,804 |
3 Month Average | 33.388 % | £25,040 | £100,040 |
6 Month Average | 42.340 % | £31,755 | £106,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £88,726 | £87,950 | 78 WESTERKIRK |
18 Jan 2023 | £25,878 | £26,000 | 129 WINSHIELDS |
28 Dec 2021 | £37,498 | £35,000 | 14 WARENFORD CLOSE |
23 Dec 2021 | £192,848 | £180,000 | 3 CATERAN WAY |
5 Nov 2021 | £76,787 | £71,000 | 74 WESTERKIRK |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 12 Jul 2020. Using an estimated price of £140,361 means this house is valued at £2,807 per sq meter (£260 per sq foot).
The average size of a house on WARENFORD CLOSE is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Copernicus Close |
Feb 2024 | Anti-social behaviour | On or near Westerkirk | |
Feb 2024 | Anti-social behaviour | On or near Westerkirk | |
Feb 2024 | Anti-social behaviour | On or near Cassini Close | |
Feb 2024 | Anti-social behaviour | On or near Cassini Close |