£106,359
This estimated value is based upon the latest sale price for the house of £90,000 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£90,000 | 29 Oct 2020 |
£70,000 | 23 Mar 2016 |
£119,500 | 11 Sep 2006 |
£1,500 | 24 Jan 2005 |
£79,000 | 25 Jul 2003 |
£38,500 | 15 Feb 1995 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 734 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 October 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £90,000 results in an estimated price of approximately £106,359.
29 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £90,000 | £16,359 | £106,359 |
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 | -19.699 % | £-17,729 | £72,270 |
3 Month Average | 17.164 % | £15,447 | £105,447 |
6 Month Average | 15.688 % | £14,118 | £104,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £255,810 | £250,000 | 3 NEWBY CLOSE |
28 Jun 2023 | £101,025 | £99,000 | 31 STIRLING DRIVE |
3 Apr 2023 | £120,249 | £118,000 | 39 STIRLING DRIVE |
23 Sep 2022 | £83,944 | £84,000 | 11 STIRLING DRIVE |
14 Jul 2022 | £161,619 | £160,000 | 53 STIRLING DRIVE |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 10 Aug 2009. Using an estimated price of £106,359 means this house is valued at £1,559 per sq meter (£144 per sq foot).
The average size of a house on STIRLING DRIVE is 64 sq meters (698 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Stirling Drive |