£562,872
This estimated value is based upon the latest sale price for the house of £432,250 on 25 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Roslin Way
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| Price Paid | Date |
|---|---|
| £432,250 | 25 Apr 2017 |
| Detached |
| Freehold |
| Floor Area: 218 sq meters or 2,346 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £432,250 results in an estimated price of approximately £562,872.
| 25 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £432,250 | £130,622 | £562,872 |
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 | 24.265 % | £104,885 | £537,135 |
| 3 Month Average | 27.387 % | £118,382 | £550,632 |
| 6 Month Average | 28.785 % | £124,421 | £556,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £307,814 | £300,000 | 7 RUABON CLOSE |
| 18 Oct 2023 | £450,226 | £440,000 | 4 RIPON CLOSE |
| 15 Sep 2023 | £572,623 | £560,000 | 65 RICHMOND WAY |
| 15 Sep 2023 | £403,904 | £395,000 | 46 RICHMOND WAY |
| 9 Aug 2023 | £504,092 | £495,000 | 1 RUISLIP PLACE |
This house has a floor area of 218 sq meters or 2,346 sq feet when measured on 5 Oct 2016. Using an estimated price of £562,873 means this house is valued at £2,581 per sq meter (£239 per sq foot).
The average size of a house on RIPON CLOSE is 276 sq meters (2,976 sq feet).
This house is the largest in the street with a floor area of 218 sq meters (2,346 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Roslin Way |
| Jul 2024 | Anti-social behaviour | On or near Lamonby Way | |
| 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 |