£216,846
This estimated value is based upon the latest sale price for the house of £146,500 on 10 Apr 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£146,500 | 10 Apr 2015 |
£155,000 | 8 Dec 2011 |
Terraced |
Freehold |
Floor Area: 42 sq meters or 454 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 2015 the House Price Index for NORTHUMBERLAND was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £146,500 results in an estimated price of approximately £216,846.
10 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £146,500 | £70,346 | £216,846 |
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 | 1.086 % | £1,590 | £148,090 |
3 Month Average | 7.474 % | £10,949 | £157,449 |
6 Month Average | -10.097 % | £-14,791 | £131,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £160,946 | £156,000 | 15 TORRANCE CLOSE |
7 Dec 2023 | £206,340 | £200,000 | 6 TORRANCE CLOSE |
29 Sep 2023 | £173,832 | £170,000 | 21 HARRINGTON WAY |
11 Sep 2023 | £176,388 | £172,500 | 31 HARRINGTON WAY |
10 Aug 2023 | £158,865 | £156,000 | 15 MONTGOMERIE COURT |
This house has a floor area of 42 sq meters or 454 sq feet when measured on 15 Nov 2011. Using an estimated price of £216,846 means this house is valued at £5,138 per sq meter (£477 per sq foot).
The average size of a house on HARRINGTON WAY is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Torrance Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Torrance Close |
May 2024 | Public order | Under investigation | On or near Torrance Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Torrance Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Torrance Close |