£172,689
This estimated value is based upon the latest sale price for the house of £160,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£160,000 | 3 Dec 2021 |
£145,950 | 12 Sep 2013 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 December 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £160,000 results in an estimated price of approximately £172,689.
3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £160,000 | £12,689 | £172,689 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 29.868 % | £47,788 | £207,788 |
3 Month Average | 35.094 % | £56,150 | £216,150 |
6 Month Average | 7.749 % | £12,398 | £172,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £116,007 | £115,000 | 11 TAKU COURT |
1 Dec 2023 | £118,646 | £115,000 | 10 VIKING COURT |
31 Mar 2023 | £96,613 | £95,000 | 13 ULTOR COURT |
6 Jan 2023 | £190,509 | £190,000 | 3 DOLPHIN GROVE |
28 Oct 2022 | £104,650 | £105,000 | 1 VIKING COURT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 May 2013. Using an estimated price of £172,689 means this house is valued at £2,031 per sq meter (£188 per sq foot).
The average size of a house on OBERON WAY is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Oberon Way |
Jul 2024 | Shoplifting | Under investigation | On or near Oberon Way |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Oberon Way |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oberon Way |
Jul 2024 | Anti-social behaviour | On or near Oberon Way |