£181,998
This estimated value is based upon the latest sale price for the house of £136,000 on 19 Sep 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£136,000 | 19 Sep 2016 |
£115,000 | 10 Sep 2010 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,035 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 September 2016 the House Price Index for NORTHUMBERLAND was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £136,000 results in an estimated price of approximately £181,998.
19 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £136,000 | £45,998 | £181,998 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -30.944 % | £-42,083 | £93,916 |
3 Month Average | 0.162 % | £220 | £136,220 |
6 Month Average | 10.088 % | £13,719 | £149,719 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £113,487 | £110,000 | 20 REAVLEY AVENUE |
21 Sep 2023 | £127,818 | £125,000 | 9 MOORLAND DRIVE |
1 Sep 2023 | £155,426 | £152,000 | 3 MOORLAND CRESCENT |
4 Aug 2023 | £104,892 | £103,000 | 26 REAVLEY AVENUE |
1 Aug 2023 | £162,939 | £160,000 | 7 PARKSIDE |
This house has a floor area of 96 sq meters or 1,035 sq feet when measured on 9 Jun 2009. Using an estimated price of £181,999 means this house is valued at £1,891 per sq meter (£175 per sq foot).
The average size of a house on MOORLAND AVENUE is 124 sq meters (1,343 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorland Crescent |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burt Road |
May 2024 | Other crime | Under investigation | On or near Burt Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Legg Avenue |