£117,948
This estimated value is based upon the latest sale price for the house of £89,950 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£89,950 | 16 Dec 2016 |
Semi-Detached |
Freehold |
Floor Area: 81 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 2016 the House Price Index for NORTHUMBERLAND was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £89,950 results in an estimated price of approximately £117,948.
16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £89,950 | £27,998 | £117,948 |
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 | -15.191 % | £-13,664 | £76,285 |
3 Month Average | 22.735 % | £20,450 | £110,400 |
6 Month Average | 27.109 % | £24,384 | £114,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £308,905 | £303,500 | 13 ALLENSGREEN |
20 Dec 2023 | £85,496 | £84,000 | 107 CAMBO DRIVE |
15 Dec 2023 | £108,905 | £107,000 | 11 CHIPCHASE AVENUE |
8 Dec 2023 | £125,190 | £123,000 | 4 THIRSTON DRIVE |
13 Nov 2023 | £111,653 | £110,000 | 138 CLIFTON ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Oct 2016. Using an estimated price of £117,948 means this house is valued at £1,456 per sq meter (£135 per sq foot).
The average size of a house on CHIPCHASE AVENUE is 78 sq meters (844 sq feet).
This house is the largest in the street with a floor area of 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cambo Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cambo Drive |