£72,251
This estimated value is based upon the latest sale price for the house of £57,500 on 14 May 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£57,500 | 14 May 2018 |
£41,500 | 17 Dec 2010 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 803 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 May 2018 the House Price Index for NORTHUMBERLAND was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £57,500 results in an estimated price of approximately £72,251.
14 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £57,500 | £14,751 | £72,251 |
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 | 18.324 % | £10,536 | £68,036 |
3 Month Average | 14.146 % | £8,134 | £65,634 |
6 Month Average | 0.919 % | £528 | £58,028 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £35,038 | £34,500 | 253 SYCAMORE STREET |
1 Dec 2023 | £65,513 | £63,500 | 270 MAPLE STREET |
10 Nov 2023 | £123,125 | £120,000 | 3 ELDER SQUARE |
25 Oct 2023 | £37,732 | £36,875 | 265 HAWTHORN ROAD |
22 Aug 2022 | £55,258 | £55,000 | 254 MAPLE STREET |
This house has a floor area of 74 sq meters or 803 sq feet when measured on 4 Jun 2010. Using an estimated price of £72,252 means this house is valued at £967 per sq meter (£89 per sq foot).
The average size of a house on MAPLE STREET is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fifth Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fifth Avenue |