£63,144
This estimated value is based upon the latest sale price for the house of £60,000 on 24 Jan 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£60,000 | 24 Jan 2022 |
£30,000 | 29 Jun 2018 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 January 2022 the House Price Index for NORTHUMBERLAND was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £60,000 results in an estimated price of approximately £63,144.
24 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £60,000 | £3,144 | £63,144 |
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 | 5.038 % | £3,022 | £63,022 |
3 Month Average | -18.624 % | £-11,174 | £48,825 |
6 Month Average | 8.082 % | £4,849 | £64,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £64,631 | £63,500 | 270 MAPLE STREET |
10 Nov 2023 | £121,803 | £120,000 | 3 ELDER SQUARE |
7 Jul 2023 | £57,778 | £57,000 | 266 MAPLE STREET |
22 Aug 2022 | £54,852 | £55,000 | 254 MAPLE STREET |
24 Jun 2022 | £78,611 | £77,500 | 17 ELDER SQUARE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Apr 2018. Using an estimated price of £63,144 means this house is valued at £864 per sq meter (£80 per sq foot).
The average size of a house on MAPLE STREET is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
Apr 2024 | Anti-social behaviour | On or near Fifth Avenue | |
Mar 2024 | Anti-social behaviour | On or near Fifth Avenue | |
Mar 2024 | Possession of weapons | Under investigation | On or near Fifth Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |