£306,610
This estimated value is based upon the latest sale price for the house of £192,000 on 18 May 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£192,000 | 18 May 2007 |
£94,950 | 3 May 2002 |
£67,000 | 31 Jul 1997 |
Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2007 the House Price Index for NORTHUMBERLAND was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £192,000 results in an estimated price of approximately £306,610.
18 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £192,000 | £114,610 | £306,610 |
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 | -14.443 % | £-27,730 | £164,269 |
3 Month Average | -25.813 % | £-49,560 | £142,439 |
6 Month Average | 2.525 % | £4,847 | £196,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £29,262 | £28,750 | 69 NEWBIGGIN ROAD |
10 Nov 2023 | £106,578 | £105,000 | 21 CORONATION TERRACE |
18 Aug 2023 | £124,086 | £123,000 | 10 SANDPIPER WAY |
20 Jan 2023 | £94,555 | £95,000 | 6 NEWBIGGIN ROAD |
12 Aug 2022 | £120,177 | £120,500 | 1 SANDPIPER WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 May 2013. Using an estimated price of £306,610 means this house is valued at £4,258 per sq meter (£395 per sq foot).
The average size of a house on HERON CLOSE is 85 sq meters (918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Waterford Green |
Jan 2024 | Burglary | Under investigation | On or near Grebe Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grebe Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingfisher Close |
Mar 2024 | Other crime | Under investigation | On or near Parking Area |