£124,385
This estimated value is based upon the latest sale price for the house of £106,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£106,500 | 6 Nov 2020 |
£81,000 | 17 Aug 2018 |
£65,000 | 22 Aug 2014 |
£45,000 | 26 Mar 2004 |
£13,500 | 15 Jun 1999 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £106,500 results in an estimated price of approximately £124,385.
6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £106,500 | £17,885 | £124,385 |
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 | -16.944 % | £-18,044 | £88,455 |
3 Month Average | 3.329 % | £3,544 | £110,044 |
6 Month Average | 7.746 % | £8,249 | £114,749 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £55,406 | £54,000 | 43 BLENHEIM DRIVE |
30 Oct 2023 | £112,556 | £110,000 | 31 RAVENSWORTH STREET |
16 Mar 2023 | £157,632 | £155,000 | 16 WEST VIEW |
24 Jan 2023 | £300,804 | £300,000 | 7 PARK TERRACE |
4 Nov 2022 | £63,702 | £64,000 | 34 BLENHEIM DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Jun 2020. Using an estimated price of £124,385 means this house is valued at £1,337 per sq meter (£124 per sq foot).
The average size of a house on RAVENSWORTH STREET is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Liddles Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Liddles Street |
Jun 2024 | Anti-social behaviour | On or near Park Terrace | |
Jun 2024 | Anti-social behaviour | On or near Park Terrace |