£226,532
This estimated value is based upon the latest sale price for the house of £158,500 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£158,500 | 7 Aug 2015 |
£146,000 | 29 Oct 2010 |
£175,000 | 8 Oct 2010 |
£156,000 | 27 Jun 2003 |
Detached |
Freehold |
Floor Area: 88 sq meters or 951 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 August 2015 the House Price Index for NORTHUMBERLAND was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £158,500 results in an estimated price of approximately £226,532.
7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £158,500 | £68,032 | £226,532 |
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 | 11.549 % | £18,305 | £176,805 |
3 Month Average | -24.107 % | £-38,210 | £120,289 |
6 Month Average | 14.003 % | £22,195 | £180,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £106,360 | £105,000 | 10 ELLINGTON TERRACE |
21 Jul 2023 | £253,411 | £250,000 | 28 NEW MOOR CLOSE |
7 Jul 2023 | £64,873 | £64,000 | 11 ELLINGTON TERRACE |
16 Jun 2023 | £242,943 | £240,000 | 34 NEW MOOR CLOSE |
16 Jun 2023 | £293,556 | £290,000 | 2 HOME FARM CLOSE |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 18 Apr 2010. Using an estimated price of £226,533 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on NEW MOOR CLOSE is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near New Moor Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Moor Close |
Mar 2024 | Anti-social behaviour | On or near New Moor Close | |
Mar 2024 | Anti-social behaviour | On or near New Moor Close | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Moor Close |