£377,392
This estimated value is based upon the latest sale price for the house of £247,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £247,000 | 11 Jul 2014 |
| £247,000 | 11 Jul 2014 |
| £240,000 | 6 Dec 2004 |
| £97,950 | 14 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 July 2014 the House Price Index for NORTHUMBERLAND was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £247,000 results in an estimated price of approximately £377,392.
| 11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £247,000 | £130,392 | £377,392 |
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 | -3.189 % | £-7,876 | £239,123 |
| 3 Month Average | 21.857 % | £53,987 | £300,987 |
| 6 Month Average | 32.216 % | £79,572 | £326,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £242,068 | £239,950 | 20 MILLBROOK ROAD |
| 25 Aug 2023 | £221,942 | £220,000 | 26 MILLBROOK ROAD |
| 31 Jul 2023 | £304,042 | £299,950 | 1 MURSTON AVENUE |
| 30 Jun 2022 | £177,509 | £175,000 | 28 MOTCOMBE WAY |
| 8 Dec 2021 | £213,204 | £199,000 | 5 MILLBROOK ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 5 Jul 2016. Using an estimated price of £377,392 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on MORESBY ROAD is 120 sq meters (1,299 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Murston Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Murston Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lapford Drive |
| Mar 2024 | Anti-social behaviour | On or near Medway Place | |
| Mar 2024 | Anti-social behaviour | On or near Medway Place |