£496,250
This estimated value is based upon the latest sale price for the house of £98,650 on 25 Sep 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£98,650 | 25 Sep 1997 |
Detached |
Freehold |
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 September 1997 the House Price Index for NORTHUMBERLAND was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £98,650 results in an estimated price of approximately £496,250.
25 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.8 | 149.7 | 403.041 % | £98,650 | £397,600 | £496,250 |
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 | 210.915 % | £208,067 | £306,717 |
3 Month Average | 224.672 % | £221,638 | £320,288 |
6 Month Average | 221.585 % | £218,593 | £317,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £240,387 | £233,000 | 24 EASTWOOD PLACE |
30 Aug 2022 | £231,081 | £230,000 | 7 EASINGTON AVENUE |
4 Apr 2022 | £248,929 | £239,950 | 16 EASINGTON AVENUE |
30 Jun 2021 | £221,578 | £205,000 | 18 EASTWOOD PLACE |
29 Jun 2021 | £255,084 | £236,000 | 17 EASINGTON AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Sheldon Grove | |
May 2024 | Anti-social behaviour | On or near Sheldon Grove | |
May 2024 | Anti-social behaviour | On or near Sheldon Grove | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fern Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fern Avenue |