£215,000
This estimated value is based upon the latest sale price for the house of £215,000 on 10 May 2024. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£215,000 | 10 May 2024 |
£68,500 | 12 Oct 2001 |
Detached |
Freehold |
Floor Area: 161 sq meters or 1,732 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 May 2024 the House Price Index for NORTHUMBERLAND was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £215,000 results in an estimated price of approximately £215,000.
10 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.7 | 149.7 | 0.000 % | £215,000 | £0 | £215,000 |
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 | -43.252 % | £-92,991 | £122,008 |
3 Month Average | 6.581 % | £14,149 | £229,149 |
6 Month Average | 8.118 % | £17,454 | £232,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £215,000 | £215,000 | 21 WHARTON STREET |
27 Oct 2023 | £155,532 | £152,000 | 13 WHARTON STREET |
20 Sep 2023 | £44,992 | £44,000 | 28 ELLIOTT STREET |
1 Sep 2023 | £23,007 | £22,500 | 88 HOLYSTONE AVENUE |
14 Apr 2023 | £44,431 | £43,600 | 18 DRURIDGE DRIVE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 6 Jun 2016. Using an estimated price of £215,000 means this house is valued at £1,335 per sq meter (£124 per sq foot).
The average size of a house on WHARTON STREET is 180 sq meters (1,945 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).