£92,530
This estimated value is based upon the latest sale price for the house of £68,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £68,000 | 31 Mar 2016 |
| £80,000 | 3 Jun 2011 |
| £80,000 | 3 Jun 2011 |
| £75,000 | 29 Feb 2008 |
| Terraced |
| Leasehold |
| Floor Area: 48 sq meters or 527 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 March 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £68,000 results in an estimated price of approximately £92,530.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £68,000 | £24,530 | £92,530 |
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 | 13.047 % | £8,872 | £76,872 |
| 3 Month Average | 20.875 % | £14,195 | £82,195 |
| 6 Month Average | 16.260 % | £11,056 | £79,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £39,342 | £39,000 | 14 HASTINGS COURT |
| 1 Sep 2023 | £86,916 | £85,000 | 5 BALMORAL CLOSE |
| 30 Jun 2023 | £250,010 | £245,000 | 29 WOBURN DRIVE |
| 23 Sep 2022 | £83,944 | £84,000 | 11 STIRLING DRIVE |
| 15 Jul 2022 | £206,570 | £204,500 | 2 BALMORAL CLOSE |
This house has a floor area of 48 sq meters or 527 sq feet when measured on 7 Jun 2010. Using an estimated price of £92,530 means this house is valued at £1,889 per sq meter (£175 per sq foot).
The average size of a house on BALMORAL CLOSE is 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Balmoral Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stirling Drive |