£163,786
This estimated value is based upon the latest sale price for the house of £96,950 on 17 Nov 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£96,950 | 17 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 November 2006 the House Price Index for NORTHUMBERLAND was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £96,950 results in an estimated price of approximately £163,786.
17 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £96,950 | £66,836 | £163,786 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 9.933 % | £9,630 | £106,580 |
3 Month Average | 16.966 % | £16,448 | £113,398 |
6 Month Average | 17.634 % | £17,096 | £114,046 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jul 2024 | £63,000 | £63,000 | 42 WHITELAW PLACE |
29 Nov 2023 | £82,084 | £80,000 | 15 WOODHILL ROAD |
9 Aug 2023 | £134,934 | £132,500 | 13 COOMSIDE |
28 Jun 2023 | £55,615 | £54,500 | 8 WOODHILL ROAD |
9 Jun 2023 | £80,616 | £79,000 | 15 WEETWOOD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 3 Mar 2017. Using an estimated price of £163,787 means this house is valued at £2,685 per sq meter (£249 per sq foot).
The average size of a house on WOODHILL ROAD is 62 sq meters (669 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Wishaw Close |