£4,724
This estimated value is based upon the latest sale price for the house of £3,784 on 24 Jul 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£3,784 | 24 Jul 2018 |
£240,000 | 13 Mar 2015 |
£86,000 | 19 Dec 1997 |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2018 the House Price Index for NORTHUMBERLAND was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £3,784 results in an estimated price of approximately £4,724.
24 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £3,784 | £940 | £4,724 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 50.647 % | £1,916 | £5,700 |
3 Month Average | 24.923 % | £943 | £4,727 |
6 Month Average | 18.270 % | £691 | £4,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £246,445 | £242,000 | 14 DEARHAM GROVE |
12 Jun 2023 | £209,192 | £205,000 | 48 DEARHAM GROVE |
22 Apr 2022 | £160,800 | £155,000 | 45 DEARHAM GROVE |
21 Dec 2021 | £334,585 | £310,000 | 3 CARMEL GROVE |
3 Dec 2021 | £391,249 | £362,500 | 6 HESWALL ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 2 Jun 2014. Using an estimated price of £4,724 means this house is valued at £42 per sq meter (£3 per sq foot).
The average size of a house on DEARHAM GROVE is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Hartside Crescent | |
Jul 2024 | Anti-social behaviour | On or near Hartside Crescent | |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cheadle Avenue |
Jun 2024 | Anti-social behaviour | On or near Cheadle Avenue | |
Jun 2024 | Anti-social behaviour | On or near Cheadle Avenue |