£103,134
This estimated value is based upon the latest sale price for the house of £85,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£85,000 | 13 Mar 2020 |
£90,000 | 20 Dec 2019 |
£93,000 | 25 Jan 2013 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £85,000 results in an estimated price of approximately £103,134.
13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £85,000 | £18,134 | £103,134 |
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 | 39.731 % | £33,771 | £118,771 |
3 Month Average | 38.298 % | £32,553 | £117,553 |
6 Month Average | 11.233 % | £9,547 | £94,547 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £86,663 | £84,000 | 107 CAMBO DRIVE |
15 Dec 2023 | £110,392 | £107,000 | 11 CHIPCHASE AVENUE |
13 Nov 2023 | £112,865 | £110,000 | 138 CLIFTON ROAD |
7 Nov 2023 | £138,516 | £135,000 | 24 CHIPCHASE AVENUE |
28 Apr 2023 | £112,097 | £110,000 | 35 COANWOOD DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 9 Dec 2019. Using an estimated price of £103,135 means this house is valued at £1,539 per sq meter (£143 per sq foot).
The average size of a house on CHIPCHASE AVENUE is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Chipchase Avenue | |
Jun 2024 | Anti-social behaviour | On or near Chipchase Avenue | |
May 2024 | Anti-social behaviour | On or near Chipchase Avenue | |
May 2024 | Anti-social behaviour | On or near Chipchase Avenue | |
May 2024 | Anti-social behaviour | On or near Chipchase Avenue |