£1,414,533
This estimated value is based upon the latest sale price for the house of £1,145,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£1,145,000 | 25 Oct 2019 |
£1,145,000 | 25 Oct 2019 |
Freehold |
Floor Area: 139 sq meters or 1,500 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 October 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £1,145,000 results in an estimated price of approximately £1,414,533.
25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £1,145,000 | £269,533 | £1,414,533 |
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 | 2.916 % | £33,384 | £1,178,384 |
3 Month Average | -2.836 % | £-32,468 | £1,112,531 |
6 Month Average | -8.816 % | £-100,946 | £1,044,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2023 | £459,202 | £450,000 | 9 VALERIAN COURT |
20 Jan 2023 | £190,459 | £189,950 | 11 CHAFFINCH COURT |
11 Jan 2023 | £310,831 | £310,000 | 5 HEDGEROW MEWS |
4 Jan 2023 | £179,480 | £179,000 | 21 MAGPIE COURT |
22 Aug 2022 | £205,963 | £205,000 | 15 BROCKWOOD CLOSE |
This house has a floor area of 139 sq meters or 1,500 sq feet when measured on 27 Nov 2010. Using an estimated price of £1,414,534 means this house is valued at £10,149 per sq meter (£942 per sq foot).
The average size of a house on MAGPIE COURT is 95 sq meters (1,025 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,500 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Ryedale Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oatfield Close |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oatfield Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Oatfield Close |
Jul 2024 | Anti-social behaviour | On or near Ploverfield Close |