£240,141
This estimated value is based upon the latest sale price for the house of £176,000 on 25 Apr 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£176,000 | 25 Apr 2016 |
£174,950 | 10 Dec 2012 |
Semi-Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 April 2016 the House Price Index for NORTHUMBERLAND was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £176,000 results in an estimated price of approximately £240,141.
25 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £176,000 | £64,141 | £240,141 |
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 | 32.067 % | £56,438 | £232,438 |
3 Month Average | 53.831 % | £94,743 | £270,743 |
6 Month Average | 23.465 % | £41,297 | £217,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £116,007 | £115,000 | 11 TAKU COURT |
1 Dec 2023 | £118,646 | £115,000 | 10 VIKING COURT |
31 Mar 2023 | £96,613 | £95,000 | 13 ULTOR COURT |
6 Jan 2023 | £190,509 | £190,000 | 3 DOLPHIN GROVE |
28 Oct 2022 | £104,650 | £105,000 | 1 VIKING COURT |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 13 Jul 2012. Using an estimated price of £240,142 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on ULTOR COURT is 69 sq meters (746 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Oberon Way |
Jul 2024 | Shoplifting | Under investigation | On or near Oberon Way |
Jul 2024 | Anti-social behaviour | On or near Oberon Way | |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oberon Way |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Oberon Way |