£100,599
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Apr 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£80,000 | 23 Apr 2018 |
£104,000 | 6 Feb 2009 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 April 2018 the House Price Index for NORTHUMBERLAND was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £80,000 results in an estimated price of approximately £100,599.
23 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £80,000 | £20,599 | £100,599 |
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 | -5.892 % | £-4,713 | £75,286 |
3 Month Average | 27.122 % | £21,697 | £101,697 |
6 Month Average | 26.153 % | £20,922 | £100,922 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £112,477 | £111,500 | 1 MARJORIE STREET |
22 Mar 2024 | £120,857 | £119,000 | 28 LAMB STREET |
18 Oct 2023 | £450,226 | £440,000 | 55 MERGANSER CRESCENT |
1 Sep 2023 | £91,006 | £89,000 | 32 LAMB STREET |
31 Aug 2023 | £303,473 | £298,000 | 22 MERGANSER CRESCENT |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Sep 2014. Using an estimated price of £100,599 means this house is valued at £1,005 per sq meter (£93 per sq foot).
The average size of a house on LAMB STREET is 91 sq meters (982 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Marjorie Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Marjorie Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Marjorie Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Marjorie Street |
Jun 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Marjorie Street |