£277,793
This estimated value is based upon the latest sale price for the house of £270,000 on 18 Jul 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£270,000 | 18 Jul 2023 |
£201,000 | 25 Apr 2014 |
£53,395 | 24 Feb 2006 |
£98,500 | 17 Jul 2002 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 2023 the House Price Index for NORTHUMBERLAND was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £270,000 results in an estimated price of approximately £277,793.
18 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £270,000 | £7,793 | £277,793 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | -5.118 % | £-13,817 | £256,182 |
3 Month Average | 20.673 % | £55,817 | £325,817 |
6 Month Average | 13.566 % | £36,627 | £306,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £271,902 | £265,000 | 19 CEDAR GROVE |
25 Nov 2022 | £134,372 | £135,000 | 59 BLACKTHORN DRIVE |
1 Nov 2022 | £146,565 | £147,250 | 17 LARCH GROVE |
10 Oct 2022 | £295,015 | £296,000 | 10 CEDAR GROVE |
27 Aug 2021 | £150,599 | £134,000 | 12 LARCH GROVE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 17 Jan 2014.
The average size of a house on CEDAR GROVE is 136 sq meters (1,464 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Dewberry Close | |
Apr 2024 | Anti-social behaviour | On or near Dewberry Close | |
Apr 2024 | Anti-social behaviour | On or near Dewberry Close | |
Apr 2024 | Anti-social behaviour | On or near Dewberry Close | |
Apr 2024 | Anti-social behaviour | On or near Almond Grove |