£293,237
This estimated value is based upon the latest sale price for the house of £234,000 on 14 Jun 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£234,000 | 14 Jun 2018 |
£175,000 | 2 Aug 2006 |
£65,700 | 1 Mar 1996 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 June 2018 the House Price Index for NORTHUMBERLAND was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £234,000 results in an estimated price of approximately £293,237.
14 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £234,000 | £59,237 | £293,237 |
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 | 20.152 % | £47,154 | £281,154 |
3 Month Average | 15.897 % | £37,199 | £271,199 |
6 Month Average | 18.973 % | £44,396 | £278,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £480,594 | £470,000 | 1 GILSLAND GROVE |
4 Aug 2023 | £8,147 | £8,000 | 7 BOULMER AVENUE |
5 Sep 2022 | £179,880 | £180,000 | 10 BOULMER AVENUE |
6 May 2022 | £152,986 | £149,000 | 34 BRUNTON WAY |
18 Mar 2022 | £208,787 | £200,000 | 30 BRUNTON WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 9 Feb 2018. Using an estimated price of £293,237 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on BRUNTON WAY is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gilsland Grove |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkham Close |