£70,088
This estimated value is based upon the latest sale price for the house of £45,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£45,000 | 23 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 33 sq meters or 355 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 2014 the House Price Index for NORTHUMBERLAND was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £45,000 results in an estimated price of approximately £70,088.
23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £45,000 | £25,088 | £70,088 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 1.058 % | £476 | £45,476 |
3 Month Average | 46.486 % | £20,918 | £65,918 |
6 Month Average | 21.929 % | £9,867 | £54,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £96,482 | £95,000 | 26 HORTONDALE GROVE |
20 Oct 2023 | £112,556 | £110,000 | 8 GARESTON CLOSE |
21 Aug 2023 | £71,286 | £70,000 | 27 AXWELL DRIVE |
23 Jun 2023 | £112,249 | £110,000 | 52 DENE VIEW DRIVE |
31 Mar 2023 | £122,038 | £120,000 | 39 HORTONDALE GROVE |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 3 Mar 2014. Using an estimated price of £70,089 means this house is valued at £2,123 per sq meter (£197 per sq foot).
The average size of a house on HORTONDALE GROVE is 83 sq meters (899 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Hall Green |
Jun 2024 | Anti-social behaviour | On or near Hall Green | |
Jun 2024 | Anti-social behaviour | On or near Hall Green | |
Jun 2024 | Anti-social behaviour | On or near Hall Green | |
Jun 2024 | Anti-social behaviour | On or near Hall Green |