£132,406
This estimated value is based upon the latest sale price for the house of £122,500 on 17 Jun 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£122,500 | 17 Jun 2021 |
£140,000 | 1 Feb 2008 |
£60,000 | 29 May 2003 |
£42,950 | 3 Sep 1999 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2021 the House Price Index for NORTHUMBERLAND was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £122,500 results in an estimated price of approximately £132,406.
17 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £122,500 | £9,906 | £132,406 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -33.545 % | £-41,093 | £81,406 |
3 Month Average | -33.649 % | £-41,219 | £81,280 |
6 Month Average | -35.145 % | £-43,052 | £79,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £153,907 | £150,000 | 6 PARK ROAD EAST |
6 Oct 2023 | £173,951 | £170,000 | 5 RIDSDALE SQUARE |
11 Aug 2023 | £137,480 | £135,000 | 18A ARUNDEL SQUARE |
30 Mar 2023 | £66,104 | £65,000 | 31 ELSDON DRIVE |
18 Nov 2022 | £61,711 | £62,000 | 51 ELSDON DRIVE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Nov 2017. Using an estimated price of £132,406 means this house is valued at £1,285 per sq meter (£119 per sq foot).
The average size of a house on PARK ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jun 2024 | Anti-social behaviour | On or near Parking Area | |
Jun 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Anti-social behaviour | On or near Parking Area |