£204,597
This estimated value is based upon the latest sale price for the house of £125,000 on 25 Nov 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£125,000 | 25 Nov 2013 |
£156,000 | 26 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 2013 the House Price Index for NORTHUMBERLAND was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £125,000 results in an estimated price of approximately £204,597.
25 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £125,000 | £79,597 | £204,597 |
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 | -2.290 % | £-2,862 | £122,137 |
3 Month Average | 19.537 % | £24,420 | £149,420 |
6 Month Average | 21.373 % | £26,716 | £151,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £235,000 | £235,000 | 19 WINDSOR COURT |
14 May 2024 | £415,000 | £415,000 | 19 HARTFORD ROAD EAST |
24 Nov 2023 | £205,209 | £200,000 | 3 SOUTH RIGGS |
22 Sep 2023 | £194,283 | £190,000 | 10 CLOVELLY GARDENS |
1 Aug 2023 | £165,485 | £162,500 | 8 SOUTH RIGGS |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Feb 2013. Using an estimated price of £204,597 means this house is valued at £2,248 per sq meter (£208 per sq foot).
The average size of a house on WEST RIGGS is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near Nether Riggs |
Jul 2024 | Anti-social behaviour | On or near Hartford Road West | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hartford Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hartford Road |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hartford Road |