£426,855
This estimated value is based upon the latest sale price for the house of £249,950 on 9 Jan 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£249,950 | 9 Jan 2013 |
£161,500 | 28 Dec 2001 |
Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 January 2013 the House Price Index for NORTHUMBERLAND was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £249,950 results in an estimated price of approximately £426,855.
9 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £249,950 | £176,905 | £426,855 |
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 | 12.472 % | £31,174 | £281,124 |
3 Month Average | 31.800 % | £79,484 | £329,434 |
6 Month Average | 19.197 % | £47,982 | £297,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Apr 2023 | £303,680 | £298,000 | 18 LAMONBY WAY |
31 Mar 2023 | £355,944 | £350,000 | 12 LONGHIRST DRIVE |
21 Jul 2022 | £301,016 | £298,000 | 4 LODSWORTH DRIVE |
29 Nov 2021 | £305,065 | £280,000 | 6 LODSWORTH DRIVE |
3 Sep 2021 | £287,622 | £264,950 | 26 LAMONBY WAY |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 2 Sep 2014. Using an estimated price of £426,855 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on LATTON CLOSE is 135 sq meters (1,460 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Latton Close | |
May 2024 | Anti-social behaviour | On or near Latton Close | |
May 2024 | Anti-social behaviour | On or near Latton Close | |
May 2024 | Anti-social behaviour | On or near Latton Close | |
May 2024 | Anti-social behaviour | On or near Latton Close |