£155,500
This estimated value is based upon the latest sale price for the house of £90,000 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£90,000 | 23 Sep 2011 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 695 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 September 2011 the House Price Index for NORTHUMBERLAND was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £90,000 results in an estimated price of approximately £155,500.
23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £90,000 | £65,500 | £155,500 |
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 | 182.214 % | £163,992 | £253,992 |
3 Month Average | 22.247 % | £20,022 | £110,022 |
6 Month Average | 13.147 % | £11,832 | £101,832 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2023 | £172,319 | £170,000 | 9 MALLARD WAY |
7 Jul 2023 | £152,046 | £150,000 | 17 MALLARD WAY |
30 Jun 2023 | £172,084 | £170,000 | 31 ALBATROSS WAY |
2 Jun 2023 | £192,330 | £190,000 | 23 MALLARD WAY |
20 May 2022 | £186,514 | £183,000 | 44 EIDER CLOSE |
This house has a floor area of 64 sq meters or 695 sq feet when measured on 12 Jul 2011. Using an estimated price of £155,500 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on EIDER CLOSE is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Eider Close |
Mar 2024 | Public order | Under investigation | On or near Eider Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eider Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eider Close |
Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Eider Close |