£420,166
This estimated value is based upon the latest sale price for the house of £299,500 on 4 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£299,500 | 4 Nov 2015 |
£115,000 | 17 Sep 1999 |
Detached |
Leasehold |
Floor Area: 146 sq meters or 1,571 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 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £299,500 results in an estimated price of approximately £420,166.
4 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £299,500 | £120,666 | £420,166 |
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 | 5.168 % | £15,477 | £314,977 |
3 Month Average | 20.742 % | £62,122 | £361,622 |
6 Month Average | 12.188 % | £36,503 | £336,003 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £347,664 | £340,000 | 10 LYNDALE |
9 Aug 2023 | £374,759 | £368,000 | 16 LAPFORD DRIVE |
16 Jun 2023 | £382,669 | £375,000 | 41 LINCOLN ROAD |
12 Apr 2023 | £117,192 | £115,000 | 60 AVEBURY PLACE |
31 Mar 2023 | £269,501 | £265,000 | 31 LINCOLN ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 11 Aug 2015. Using an estimated price of £420,167 means this house is valued at £2,877 per sq meter (£267 per sq foot).
The average size of a house on LINCOLN ROAD is 106 sq meters (1,150 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Avebury Place |
Jul 2024 | Other crime | Under investigation | On or near Avebury Place |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Avebury Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Avebury Place |
May 2024 | Violence and sexual offences | Under investigation | On or near Avebury Place |