£267,650
This estimated value is based upon the latest sale price for the house of £157,000 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £157,000 | 23 Nov 2012 |
| £52,950 | 12 Dec 1997 |
| £52,950 | 12 Dec 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 November 2012 the House Price Index for NORTHUMBERLAND was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £157,000 results in an estimated price of approximately £267,650.
| 23 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £157,000 | £110,650 | £267,650 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 50.763 % | £79,698 | £236,698 |
| 3 Month Average | 28.422 % | £44,622 | £201,622 |
| 6 Month Average | 23.706 % | £37,217 | £194,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £189,170 | £185,000 | 45 PORCHESTER DRIVE |
| 12 Jun 2023 | £244,908 | £240,000 | 8 OSWESTRY PLACE |
| 20 Sep 2022 | £169,887 | £170,000 | 57 PORCHESTER DRIVE |
| 30 May 2022 | £200,216 | £195,000 | 28 PENTRIDGE CLOSE |
| 28 Mar 2022 | £215,572 | £206,500 | 4 ORMSKIRK GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Apr 2012. Using an estimated price of £267,651 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on ORPINGTON ROAD is 86 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Orpington Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Oswestry Place |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oswestry Place |
| Jun 2024 | Other theft | Under investigation | On or near Hayton Close |
| May 2024 | Criminal damage and arson | Under investigation | On or near Portland Gardens |