£125,483
This estimated value is based upon the latest sale price for the house of £90,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£90,000 | 11 Dec 2015 |
£100,000 | 27 Nov 2015 |
£50,000 | 22 Feb 2002 |
£44,950 | 6 Oct 1999 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 December 2015 the House Price Index for NORTHUMBERLAND was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £90,000 results in an estimated price of approximately £125,483.
11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £90,000 | £35,483 | £125,483 |
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 | 10.716 % | £9,644 | £99,644 |
3 Month Average | 40.591 % | £36,531 | £126,531 |
6 Month Average | 19.894 % | £17,904 | £107,904 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £114,057 | £112,000 | 178 BEAUMONT STREET |
4 Aug 2023 | £106,929 | £105,000 | 104 WRIGHT STREET |
8 Jun 2023 | £68,880 | £67,500 | 162 SALISBURY STREET |
24 Mar 2023 | £30,510 | £30,000 | 156 GLADSTONE STREET |
24 Mar 2023 | £91,529 | £90,000 | 188 BEAUMONT STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 12 Aug 2015. Using an estimated price of £125,483 means this house is valued at £1,151 per sq meter (£106 per sq foot).
The average size of a house on BEAUMONT STREET is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Arcot Terrace |
Jul 2024 | Anti-social behaviour | On or near Arcot Terrace | |
May 2024 | Anti-social behaviour | On or near Arcot Terrace | |
May 2024 | Anti-social behaviour | On or near Arcot Terrace | |
May 2024 | Anti-social behaviour | On or near Arcot Terrace |