£96,492
This estimated value is based upon the latest sale price for the house of £77,000 on 14 Jun 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£77,000 | 14 Jun 2018 |
£90,000 | 30 Mar 2007 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 June 2018 the House Price Index for NORTHUMBERLAND was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £77,000 results in an estimated price of approximately £96,492.
14 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £77,000 | £19,492 | £96,492 |
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 | -10.041 % | £-7,731 | £69,268 |
3 Month Average | -1.099 % | £-846 | £76,153 |
6 Month Average | 1.145 % | £881 | £77,881 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £126,950 | £125,000 | 35 BELGRAVE GARDENS |
4 Dec 2023 | £67,061 | £65,000 | 2 ROCHESTER CLOSE |
18 Aug 2023 | £81,979 | £80,500 | 24 ROCHESTER CLOSE |
2 Jun 2023 | £107,147 | £105,000 | 28 HIGHFIELD DRIVE |
7 Feb 2023 | £73,491 | £73,000 | 31 ST ALBANS CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 20 Mar 2018. Using an estimated price of £96,493 means this house is valued at £1,135 per sq meter (£105 per sq foot).
There is one other house on the street which we know the size of, this is 14 CHICHESTER CLOSE it is 88.0
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Chichester Close |
Jun 2024 | Anti-social behaviour | On or near St Albans Close | |
Jun 2024 | Anti-social behaviour | On or near St Albans Close | |
Jun 2024 | Anti-social behaviour | On or near St Albans Close | |
Jun 2024 | Anti-social behaviour | On or near St Albans Close |