£81,644
This estimated value is based upon the latest sale price for the house of £60,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£60,000 | 24 Mar 2016 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £60,000 results in an estimated price of approximately £81,644.
24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £60,000 | £21,644 | £81,644 |
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 | -7.049 % | £-4,229 | £55,770 |
3 Month Average | 55.200 % | £33,120 | £93,120 |
6 Month Average | 17.453 % | £10,471 | £70,471 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £71,092 | £70,000 | 71 COTTINGWOOD GREEN |
1 Dec 2023 | £115,551 | £112,000 | 56 LAVEROCK HALL ROAD |
8 Nov 2023 | £123,125 | £120,000 | 4 COTTINGWOOD GREEN |
6 Oct 2023 | £122,789 | £120,000 | 20 LAVEROCK HALL ROAD |
2 Aug 2023 | £88,598 | £87,000 | 5 COTTINGWOOD GREEN |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Nov 2015. Using an estimated price of £81,644 means this house is valued at £749 per sq meter (£69 per sq foot).
The average size of a house on THE OVAL is 129 sq meters (1,395 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jul 2024 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
Jul 2024 | Other theft | Offender given a caution | On or near Sports/Recreation Area |
Jul 2024 | Other theft | Under investigation | On or near Sports/Recreation Area |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |