£138,916
This estimated value is based upon the latest sale price for the house of £79,000 on 5 May 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£79,000 | 5 May 2006 |
Terraced |
Freehold |
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 May 2006 the House Price Index for NORTHUMBERLAND was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £79,000 results in an estimated price of approximately £138,916.
5 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £79,000 | £59,916 | £138,916 |
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 | 17.730 % | £14,006 | £93,006 |
3 Month Average | 58.356 % | £46,101 | £125,101 |
6 Month Average | 38.103 % | £30,101 | £109,101 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £202,500 | £202,500 | 52 BROADWAY |
17 May 2024 | £199,950 | £199,950 | 18 WARKWORTH AVENUE |
16 Oct 2023 | £117,673 | £115,000 | 278 PLESSEY ROAD |
24 Feb 2023 | £95,639 | £95,000 | 23 TENTH AVENUE |
21 Feb 2023 | £104,196 | £103,500 | 264 PLESSEY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Jun 2014. Using an estimated price of £138,917 means this house is valued at £1,673 per sq meter (£155 per sq foot).
The average size of a house on PLESSEY ROAD is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tenth Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Tenth Avenue |
Jul 2024 | Possession of weapons | Under investigation | On or near Eleventh Avenue |
Jul 2024 | Drugs | Under investigation | On or near Eleventh Avenue |
Jul 2024 | Anti-social behaviour | On or near Eleventh Avenue |