£122,756
This estimated value is based upon the latest sale price for the house of £71,000 on 6 Jul 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£71,000 | 6 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 July 2006 the House Price Index for NORTHUMBERLAND was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £71,000 results in an estimated price of approximately £122,756.
6 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £71,000 | £51,756 | £122,756 |
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 | -16.422 % | £-11,659 | £59,340 |
3 Month Average | 22.060 % | £15,662 | £86,662 |
6 Month Average | 28.963 % | £20,563 | £91,563 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £170,000 | £170,000 | 4 WHITBURN PLACE |
17 Nov 2023 | £162,404 | £160,000 | 4 WILTON CLOSE |
6 Apr 2023 | £78,344 | £77,500 | 46 WREAY WALK |
17 Feb 2023 | £82,944 | £83,000 | 37 WREAY WALK |
10 Feb 2023 | £79,946 | £80,000 | 52 WREAY WALK |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 22 May 2012. Using an estimated price of £122,757 means this house is valued at £2,505 per sq meter (£232 per sq foot).
The average size of a house on WREAY WALK is 58 sq meters (632 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Awaiting court outcome | On or near Westloch Road |
Mar 2024 | Public order | Under investigation | On or near Westloch Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Westloch Road |
Mar 2024 | Anti-social behaviour | On or near Westloch Road | |
Feb 2024 | Shoplifting | Under investigation | On or near Westloch Road |