£88,331
This estimated value is based upon the latest sale price for the house of £71,500 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£71,500 | 25 Oct 2019 |
£72,000 | 2 Dec 2016 |
£66,000 | 24 Feb 2012 |
£63,000 | 7 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £71,500 results in an estimated price of approximately £88,331.
25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £71,500 | £16,831 | £88,331 |
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 | 17.519 % | £12,525 | £84,025 |
3 Month Average | 40.287 % | £28,805 | £100,305 |
6 Month Average | 14.431 % | £10,318 | £81,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £67,061 | £65,000 | 13 KINGS GARDENS |
13 Dec 2023 | £113,487 | £110,000 | 13 EARLS GARDENS |
3 Nov 2023 | £66,283 | £64,600 | 16 THORNEYBURN WAY |
9 Oct 2023 | £92,092 | £90,000 | 33 KINGS GARDENS |
7 Sep 2023 | £112,480 | £110,000 | 8 EARLS GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 31 Jul 2018. Using an estimated price of £88,331 means this house is valued at £1,338 per sq meter (£124 per sq foot).
The average size of a house on QUEENS GARDENS is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Prince'S Gardens |
Jul 2024 | Public order | Under investigation | On or near Prince'S Gardens |
Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Prince'S Gardens |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Prince'S Gardens |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Prince'S Gardens |