£191,556
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£155,000 | 12 Dec 2019 |
£140,000 | 19 Feb 2010 |
£140,000 | 19 Feb 2010 |
£67,950 | 28 Jan 2000 |
Semi-Detached |
Leasehold |
Floor Area: 83 sq meters or 893 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 December 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £155,000 results in an estimated price of approximately £191,556.
12 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £155,000 | £36,556 | £191,556 |
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 | -0.449 % | £-696 | £154,303 |
3 Month Average | -5.111 % | £-7,921 | £147,078 |
6 Month Average | -4.060 % | £-6,293 | £148,706 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £136,183 | £135,000 | 12 THE STEADINGS |
4 Apr 2024 | £282,453 | £280,000 | 8 BARRASFORD CLOSE |
24 Mar 2023 | £152,548 | £150,000 | FARM LODGE ASHINGTON FARM WANSBECK ROAD |
11 Nov 2022 | £213,004 | £214,000 | 19 BARRASFORD CLOSE |
18 Jul 2022 | £626,275 | £620,000 | GLEBE COTTAGE WANSBECK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 7 Aug 2019. Using an estimated price of £191,556 means this house is valued at £2,307 per sq meter (£214 per sq foot).
The average size of a house on SHIRE FARM GROVE is 108 sq meters (1,162 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Shire Farm Grove |
Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
Apr 2024 | Anti-social behaviour | On or near Barrasford Close |