£124,046
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£95,000 | 27 Mar 2017 |
£105,000 | 23 Dec 2016 |
£94,000 | 28 Jun 2010 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £95,000 results in an estimated price of approximately £124,046.
27 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £95,000 | £29,046 | £124,046 |
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 | 6.030 % | £5,728 | £100,728 |
3 Month Average | 43.555 % | £41,377 | £136,377 |
6 Month Average | 21.774 % | £20,685 | £115,685 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £210,000 | £210,000 | 41 PETREL WAY |
10 May 2024 | £233,750 | £233,750 | 5 SANDPIPER CLOSE |
8 Nov 2023 | £112,865 | £110,000 | 32 KINGFISHER WAY |
23 Oct 2023 | £193,591 | £189,194 | 2 CORMORANT CLOSE |
22 Sep 2023 | £157,471 | £154,000 | 99 SHEARWATER WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 19 Oct 2016. Using an estimated price of £124,047 means this house is valued at £1,938 per sq meter (£180 per sq foot).
The average size of a house on PETREL WAY is 89 sq meters (959 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Sandpiper Close | |
Jun 2024 | Anti-social behaviour | On or near Sandpiper Close | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dunlin Drive |
Jul 2024 | Anti-social behaviour | On or near Cormorant Close |