£127,796
This estimated value is based upon the latest sale price for the house of £75,000 on 17 Dec 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£75,000 | 17 Dec 2012 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 663 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 2012 the House Price Index for NORTHUMBERLAND was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £75,000 results in an estimated price of approximately £127,796.
17 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £75,000 | £52,796 | £127,796 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 32.727 % | £24,545 | £99,545 |
3 Month Average | 17.932 % | £13,448 | £88,448 |
6 Month Average | 18.257 % | £13,692 | £88,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £71,334 | £70,000 | 27 DENE VIEW WEST |
14 Feb 2023 | £60,403 | £60,000 | 23A ALLGOOD TERRACE |
14 Feb 2023 | £98,156 | £97,500 | 18 MILLBANK PLACE |
27 Jan 2023 | £200,536 | £200,000 | 66 STEAD LANE |
2 Sep 2022 | £97,935 | £98,000 | 13 MILLBANK PLACE |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 1 Aug 2011. Using an estimated price of £127,797 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on KNOX ROAD is 97 sq meters (1,045 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (663 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millbank Place |
May 2024 | Anti-social behaviour | On or near Knox Road | |
May 2024 | Anti-social behaviour | On or near Knox Road | |
May 2024 | Anti-social behaviour | On or near Knox Road | |
May 2024 | Anti-social behaviour | On or near Knox Road |