£126,144
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Dec 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£70,000 | 6 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 871 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 December 2005 the House Price Index for NORTHUMBERLAND was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £70,000 results in an estimated price of approximately £126,144.
6 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 148.6 | 80.207 % | £70,000 | £56,144 | £126,144 |
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 | 206.401 % | £144,481 | £214,481 |
3 Month Average | 27.193 % | £19,035 | £89,035 |
6 Month Average | 31.705 % | £22,193 | £92,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £126,533 | £125,000 | 12 CROFTHEAD CLOSE |
28 Apr 2023 | £60,653 | £60,000 | 88 STANLEY STREET |
25 Mar 2022 | £113,989 | £110,000 | 112 STANLEY STREET |
1 Feb 2022 | £178,278 | £170,000 | 92 STANLEY STREET |
5 Nov 2021 | £160,064 | £148,000 | 3 CROFTHEAD CLOSE |
This house has a floor area of 80 sq meters or 871 sq feet when measured on 15 Nov 2011. Using an estimated price of £126,145 means this house is valued at £1,558 per sq meter (£144 per sq foot).
The average size of a house on PARK ROAD is 101 sq meters (1,093 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Rosamond Place | |
Mar 2024 | Anti-social behaviour | On or near Rosamond Place | |
Mar 2024 | Anti-social behaviour | On or near Rosamond Place | |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Rosamond Place |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |