£68,495
This estimated value is based upon the latest sale price for the house of £44,500 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£44,500 | 11 Jul 2014 |
£73,000 | 1 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 2014 the House Price Index for NORTHUMBERLAND was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £44,500 results in an estimated price of approximately £68,495.
11 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £44,500 | £23,995 | £68,495 |
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 | -22.047 % | £-9,810 | £34,689 |
3 Month Average | 4.460 % | £1,984 | £46,484 |
6 Month Average | 1.940 % | £863 | £45,363 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £13,614,588 | £13,196,239 | PORTLAND PARK |
29 Sep 2023 | £70,555 | £69,000 | 24 SUFFOLK CLOSE |
21 Sep 2023 | £71,578 | £70,000 | 11 SURREY CLOSE |
6 Apr 2023 | £173,189 | £169,950 | 18 FIRST ROW |
19 Jan 2023 | £117,313 | £117,000 | ELDER COTTAGE HIGH MARKET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 12 Aug 2017. Using an estimated price of £68,495 means this house is valued at £1,592 per sq meter (£147 per sq foot).
The average size of a house on CHESHIRE CLOSE is 89 sq meters (958 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Northumberland Close | |
Jun 2024 | Anti-social behaviour | On or near Northumberland Close | |
Jul 2024 | Anti-social behaviour | On or near Surrey Close | |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Essex Close |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Essex Close |