£124,812
This estimated value is based upon the latest sale price for the house of £78,500 on 2 May 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£78,500 | 2 May 2008 |
£74,000 | 7 Oct 2005 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 765 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 May 2008 the House Price Index for NORTHUMBERLAND was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £78,500 results in an estimated price of approximately £124,812.
2 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £78,500 | £46,312 | £124,812 |
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 | -10.722 % | £-8,416 | £70,083 |
3 Month Average | -14.042 % | £-11,022 | £67,477 |
6 Month Average | 9.649 % | £7,574 | £86,074 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £137,029 | £135,000 | 19 POPLAR GROVE |
7 Jul 2023 | £90,214 | £89,000 | 11 WARNHEAD ROAD |
13 Apr 2023 | £82,893 | £82,000 | 36 TERRIER CLOSE |
3 Mar 2023 | £99,942 | £99,000 | 2 CLEMENT AVENUE |
30 Nov 2022 | £123,504 | £125,000 | 65 WOOD LANE |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 26 Apr 2011. Using an estimated price of £124,812 means this house is valued at £1,754 per sq meter (£162 per sq foot).
The average size of a house on TERRIER CLOSE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Stead Lane |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Stead Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stead Lane |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stead Lane |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Stead Lane |