£194,080
This estimated value is based upon the latest sale price for the house of £152,000 on 22 Sep 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£152,000 | 22 Sep 2017 |
£164,000 | 4 Jul 2008 |
£53,500 | 24 Sep 1999 |
Semi-Detached |
Leasehold |
Floor Area: 80 sq meters or 868 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 September 2017 the House Price Index for NORTHUMBERLAND was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £152,000 results in an estimated price of approximately £194,080.
22 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £152,000 | £42,080 | £194,080 |
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 | 24.189 % | £36,767 | £188,767 |
3 Month Average | 47.305 % | £71,903 | £223,903 |
6 Month Average | 34.846 % | £52,965 | £204,965 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £196,462 | £192,000 | 18 WEST FARM COURT |
22 Sep 2023 | £250,523 | £245,000 | 13 NORTHOLT AVENUE |
21 Aug 2023 | £183,306 | £180,000 | 12 NAIRN ROAD |
7 Feb 2023 | £159,063 | £158,000 | 4 FAREHAM WAY |
19 Aug 2022 | £301,409 | £300,000 | 3 SCHOOL CLOSE |
This house has a floor area of 80 sq meters or 868 sq feet when measured on 10 Apr 2008. Using an estimated price of £194,081 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on NAIRN ROAD is 121 sq meters (1,312 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Nairn Road |
May 2024 | Anti-social behaviour | On or near Nairn Road | |
May 2024 | Anti-social behaviour | On or near Nairn Road | |
May 2024 | Anti-social behaviour | On or near Nairn Road | |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nairn Road |