£380,111
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£220,000 | 30 Sep 2011 |
Detached |
Freehold |
Floor Area: 59 sq meters or 644 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 2011 the House Price Index for NORTHUMBERLAND was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £220,000 results in an estimated price of approximately £380,111.
30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £220,000 | £160,111 | £380,111 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 182.214 % | £400,871 | £620,871 |
3 Month Average | 22.247 % | £48,943 | £268,943 |
6 Month Average | 13.147 % | £28,923 | £248,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £95,904 | £95,000 | 13 ULTOR COURT |
6 Jan 2023 | £189,109 | £190,000 | 3 DOLPHIN GROVE |
28 Oct 2022 | £103,881 | £105,000 | 1 VIKING COURT |
19 Oct 2022 | £108,828 | £110,000 | 11 ROTHA COURT |
5 Aug 2022 | £239,356 | £240,000 | 16 OBERON WAY |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 19 Oct 2011. Using an estimated price of £380,111 means this house is valued at £6,344 per sq meter (£589 per sq foot).
The average size of a house on OBERON WAY is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Oberon Way | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Oberon Way |
Apr 2024 | Anti-social behaviour | On or near Oberon Way | |
Mar 2024 | Vehicle crime | Under investigation | On or near Oberon Way |
Feb 2024 | Drugs | Awaiting court outcome | On or near Oberon Way |