£176,279
This estimated value is based upon the latest sale price for the house of £69,000 on 18 Dec 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£69,000 | 18 Dec 2002 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2002 the House Price Index for NORTHUMBERLAND was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £69,000 results in an estimated price of approximately £176,279.
18 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £69,000 | £107,279 | £176,279 |
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 | 37.322 % | £25,752 | £94,752 |
3 Month Average | 74.536 % | £51,430 | £120,430 |
6 Month Average | 85.528 % | £59,014 | £128,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £290,235 | £285,000 | 4 MANSION COURT |
21 Aug 2023 | £96,745 | £95,000 | 26 TOMLEA AVENUE |
23 Jan 2023 | £190,509 | £190,000 | 7 WOODSIDE |
15 Jul 2022 | £121,215 | £120,000 | 24 TOMLEA AVENUE |
17 Jun 2022 | £151,228 | £147,995 | 27 WOODSIDE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Jan 2014. Using an estimated price of £176,279 means this house is valued at £2,518 per sq meter (£233 per sq foot).
The average size of a house on STEAD LANE is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jun 2024 | Public order | Awaiting court outcome | On or near Parking Area |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tomlea Avenue |
May 2024 | Anti-social behaviour | On or near Trotter Grove |