£151,049
This estimated value is based upon the latest sale price for the house of £139,950 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£139,950 | 10 Dec 2021 |
£72,000 | 14 Jun 2002 |
£51,500 | 15 Sep 2000 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2021 the House Price Index for NORTHUMBERLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £139,950 results in an estimated price of approximately £151,049.
10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £139,950 | £11,099 | £151,049 |
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 | -22.517 % | £-31,512 | £108,437 |
3 Month Average | 0.597 % | £835 | £140,785 |
6 Month Average | -4.642 % | £-6,496 | £133,453 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £113,487 | £110,000 | 20 REAVLEY AVENUE |
23 Oct 2023 | £117,673 | £115,000 | 15 MOORLAND COURT |
21 Sep 2023 | £127,818 | £125,000 | 9 MOORLAND DRIVE |
1 Sep 2023 | £155,426 | £152,000 | 3 MOORLAND CRESCENT |
4 Aug 2023 | £104,892 | £103,000 | 26 REAVLEY AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 10 Jun 2021. Using an estimated price of £151,049 means this house is valued at £1,573 per sq meter (£146 per sq foot).
The average size of a house on MOORLAND VILLAS is 115 sq meters (1,242 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moorland Crescent |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burt Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Legg Avenue |
May 2024 | Other crime | Under investigation | On or near Burt Road |