£207,600
This estimated value is based upon the latest sale price for the house of £121,500 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£121,500 | 15 Jun 2012 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,172 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 June 2012 the House Price Index for NORTHUMBERLAND was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £121,500 results in an estimated price of approximately £207,600.
15 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £121,500 | £86,100 | £207,600 |
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 | 4.882 % | £5,931 | £127,431 |
3 Month Average | 34.145 % | £41,486 | £162,986 |
6 Month Average | 33.584 % | £40,804 | £162,304 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £235,000 | £235,000 | 19 WINDSOR COURT |
14 May 2024 | £415,000 | £415,000 | 19 HARTFORD ROAD EAST |
24 Nov 2023 | £205,209 | £200,000 | 3 SOUTH RIGGS |
22 Sep 2023 | £194,283 | £190,000 | 10 CLOVELLY GARDENS |
1 Aug 2023 | £165,485 | £162,500 | 8 SOUTH RIGGS |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 30 Jan 2012. Using an estimated price of £207,601 means this house is valued at £1,906 per sq meter (£177 per sq foot).
The average size of a house on NETHER RIGGS is 97 sq meters (1,052 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,172 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near Nether Riggs |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hartford Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hartford Road |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hartford Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hartford Road |