£92,664
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£75,000 | 28 Nov 2019 |
£70,000 | 23 Apr 2014 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 November 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 23.552%.Applying this 23.552% change to the original purchase price of £75,000 results in an estimated price of approximately £92,664.
28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £75,000 | £17,664 | £92,664 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -4.461 % | £-3,345 | £71,654 |
3 Month Average | 2.889 % | £2,166 | £77,166 |
6 Month Average | -9.322 % | £-6,991 | £68,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £76,534 | £75,000 | 31 GREEN CROFT |
28 Apr 2023 | £163,050 | £160,000 | 10 CHELTENHAM COURT |
31 Oct 2022 | £204,318 | £205,000 | 10 ORCHID CLOSE |
28 Oct 2022 | £308,968 | £310,000 | 7 ORPINE COURT |
12 Sep 2022 | £119,920 | £120,000 | 16 GLENWOOD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Sep 2019. Using an estimated price of £92,664 means this house is valued at £1,077 per sq meter (£100 per sq foot).
The average size of a house on LYNCROFT is 101 sq meters (1,095 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Glenwood |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenwood |
May 2024 | Violence and sexual offences | Under investigation | On or near Glenwood |
May 2024 | Violence and sexual offences | Under investigation | On or near Glenwood |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Glenwood |