£216,211
This estimated value is based upon the latest sale price for the house of £187,000 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£187,000 | 3 Dec 2020 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 2020 the House Price Index for NORTHUMBERLAND was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £187,000 results in an estimated price of approximately £216,211.
3 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £187,000 | £29,211 | £216,211 |
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 | -14.864 % | £-27,796 | £159,203 |
3 Month Average | 35.291 % | £65,994 | £252,994 |
6 Month Average | 15.624 % | £29,217 | £216,217 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £172,653 | £170,000 | 9 CARRICK DRIVE |
27 Oct 2023 | £276,275 | £270,000 | 44 MELVILLE AVENUE |
22 Sep 2023 | £148,268 | £145,000 | 6 DUNBLANE DRIVE |
8 Sep 2023 | £245,410 | £240,000 | 39 BANBURY WAY |
29 Aug 2023 | £198,582 | £195,000 | 22 CARRICK DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 Jul 2020. Using an estimated price of £216,211 means this house is valued at £3,227 per sq meter (£299 per sq foot).
The average size of a house on CARRICK DRIVE is 77 sq meters (831 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Close |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bromley Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Bromley Gardens |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Banbury Way |
Jun 2024 | Other crime | Under investigation | On or near Barras Avenue |