£247,619
This estimated value is based upon the latest sale price for the house of £143,000 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £143,000 | 20 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2012 the House Price Index for NORTHUMBERLAND was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £143,000 results in an estimated price of approximately £247,619.
| 20 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £143,000 | £104,619 | £247,619 |
The Postcode Pricing Model uses changes in average sales price within the NE71 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 | 76.669 % | £109,635 | £252,635 |
| 3 Month Average | 84.065 % | £120,212 | £263,212 |
| 6 Month Average | 37.872 % | £54,156 | £197,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £181,577 | £180,000 | 43 RAMSEYS LANE |
| 27 Nov 2023 | £225,730 | £220,000 | 7 BROOMEY ROAD |
| 26 Oct 2023 | £122,789 | £120,000 | 29 BURNHOUSE ROAD |
| 12 Oct 2023 | £138,137 | £135,000 | 37 HIGH FAIR |
| 31 Aug 2023 | £171,595 | £168,500 | 31 RAMSEYS LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Jan 2014. Using an estimated price of £247,619 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on COMMON ROAD is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near High Fair |
| May 2024 | Violence and sexual offences | Under investigation | On or near High Fair |
| Jul 2024 | Public order | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Public order | Under investigation | On or near Ramsey Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ramsey Lane |