£80,465
This estimated value is based upon the latest sale price for the house of £35,000 on 15 Sep 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£35,000 | 15 Sep 2003 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 September 2003 the House Price Index for NORTHUMBERLAND was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £35,000 results in an estimated price of approximately £80,465.
15 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 149.7 | 129.902 % | £35,000 | £45,465 | £80,465 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 35.665 % | £12,482 | £47,482 |
3 Month Average | 42.591 % | £14,906 | £49,906 |
6 Month Average | 40.412 % | £14,144 | £49,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £139,802 | £137,000 | 208 WOODHORN ROAD |
14 Apr 2023 | £45,858 | £45,000 | 79 CASTLE TERRACE |
22 Feb 2023 | £30,957 | £30,750 | 23 GEORGE STREET |
30 Aug 2022 | £55,258 | £55,000 | 76 CASTLE TERRACE |
26 Apr 2022 | £88,181 | £85,000 | 72 CASTLE TERRACE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Apr 2013. Using an estimated price of £80,466 means this house is valued at £766 per sq meter (£71 per sq foot).
The average size of a house on WOODHORN ROAD is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cheviot View |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cheviot View |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Cheviot View |
Jun 2024 | Anti-social behaviour | On or near Cheviot View | |
Jun 2024 | Anti-social behaviour | On or near Cheviot View |