£164,358
This estimated value is based upon the latest sale price for the house of £115,000 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£115,000 | 2 Sep 2015 |
£83,000 | 29 Jun 2012 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,093 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 September 2015 the House Price Index for NORTHUMBERLAND was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £115,000 results in an estimated price of approximately £164,358.
2 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £115,000 | £49,358 | £164,358 |
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 | 14.384 % | £16,542 | £131,542 |
3 Month Average | 45.014 % | £51,766 | £166,766 |
6 Month Average | 18.309 % | £21,054 | £136,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £167,575 | £165,000 | 1 WETTONDALE AVENUE |
27 Oct 2023 | £153,486 | £150,000 | 3 PRESTDALE AVENUE |
20 Oct 2023 | £148,370 | £145,000 | 17 MONKDALE AVENUE |
8 Sep 2023 | £235,184 | £230,000 | 41 SWALEDALE AVENUE |
14 Apr 2023 | £96,811 | £95,000 | 11 SWALEDALE COURT |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 2 Mar 2012. Using an estimated price of £164,359 means this house is valued at £1,618 per sq meter (£150 per sq foot).
The average size of a house on SWALEDALE AVENUE is 88 sq meters (948 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,093 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monkdale Avenue |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Monkdale Avenue |