£121,080
This estimated value is based upon the latest sale price for the house of £97,000 on 3 Apr 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£97,000 | 3 Apr 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 April 2018 the House Price Index for NORTHUMBERLAND was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £97,000 results in an estimated price of approximately £121,080.
3 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £97,000 | £24,080 | £121,080 |
The Postcode Pricing Model uses changes in average sales price within the NE68 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 | 128.843 % | £124,977 | £221,977 |
3 Month Average | 15.850 % | £15,374 | £112,374 |
6 Month Average | 51.045 % | £49,513 | £146,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £200,000 | £200,000 | 19 TAYLOR STREET |
22 Sep 2023 | £172,202 | £170,000 | 11 BEECHCROFT |
8 Sep 2023 | £222,849 | £220,000 | 17 CRUMSTONE |
24 Aug 2023 | £159,394 | £158,000 | 16 NORTH STREET |
28 Jul 2023 | £506,821 | £500,000 | 8 CHAPEL ROW |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 17 Jul 2017. Using an estimated price of £121,080 means this house is valued at £2,328 per sq meter (£216 per sq foot).
The average size of a house on CRUMSTONE is 83 sq meters (898 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Crumstone |