£452,918
This estimated value is based upon the latest sale price for the house of £305,000 on 20 Mar 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£305,000 | 20 Mar 2015 |
Semi-Detached |
Freehold |
Floor Area: 361 sq meters or 3,885 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 March 2015 the House Price Index for NORTHUMBERLAND was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £305,000 results in an estimated price of approximately £452,918.
20 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £305,000 | £147,918 | £452,918 |
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 | -12.557 % | £-38,299 | £266,700 |
3 Month Average | 37.480 % | £114,315 | £419,315 |
6 Month Average | 14.331 % | £43,709 | £348,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £73,251 | £71,000 | 47 PARK ROAD |
7 Dec 2023 | £252,767 | £245,000 | 18 RIDLEY AVENUE |
7 Jun 2023 | £153,067 | £150,000 | RIDLEY HOUSE RIDLEY AVENUE |
24 Feb 2023 | £298,997 | £297,000 | HOLMVILLE RIDLEY AVENUE |
14 Jul 2022 | £303,036 | £300,000 | 15 RIDLEY AVENUE |
This house has a floor area of 361 sq meters or 3,885 sq feet when measured on 22 Feb 2016. Using an estimated price of £452,919 means this house is valued at £1,254 per sq meter (£116 per sq foot).
The average size of a house on PARK VIEW is 440 sq meters (4,736 sq feet).
This house is the largest in the street with a floor area of 361 sq meters (3,885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Park View |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park View |
Jul 2024 | Anti-social behaviour | On or near Park View | |
Jun 2024 | Anti-social behaviour | On or near Park View | |
Jun 2024 | Anti-social behaviour | On or near Park View |