£290,363
This estimated value is based upon the latest sale price for the house of £182,950 on 28 Mar 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£182,950 | 28 Mar 2008 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 March 2008 the House Price Index for NORTHUMBERLAND was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £182,950 results in an estimated price of approximately £290,363.
28 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.712 % | £182,950 | £107,413 | £290,363 |
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 | -15.805 % | £-28,915 | £154,034 |
3 Month Average | -8.435 % | £-15,431 | £167,518 |
6 Month Average | -15.688 % | £-28,701 | £154,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £160,946 | £156,000 | 15 TORRANCE CLOSE |
7 Dec 2023 | £206,340 | £200,000 | 6 TORRANCE CLOSE |
29 Sep 2023 | £173,832 | £170,000 | 21 HARRINGTON WAY |
11 Sep 2023 | £176,388 | £172,500 | 31 HARRINGTON WAY |
10 Aug 2023 | £158,865 | £156,000 | 15 MONTGOMERIE COURT |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 14 Dec 2018. Using an estimated price of £290,364 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on HARRINGTON WAY is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Torrance Close |
May 2024 | Public order | Under investigation | On or near Torrance Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Torrance Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Torrance Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Torrance Close |