£148,374
This estimated value is based upon the latest sale price for the house of £139,950 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£139,950 | 28 Jan 2022 |
£118,000 | 26 Jun 2015 |
£118,500 | 26 Jan 2007 |
£89,950 | 28 Nov 2003 |
£27,000 | 8 Dec 1995 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 742 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 January 2022 the House Price Index for NORTHUMBERLAND was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £139,950 results in an estimated price of approximately £148,374.
28 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £139,950 | £8,424 | £148,374 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 11.580 % | £16,205 | £156,155 |
3 Month Average | 21.141 % | £29,586 | £169,536 |
6 Month Average | 9.587 % | £13,417 | £153,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £215,469 | £210,000 | 3 OULTON CLOSE |
8 Nov 2023 | £146,211 | £142,500 | 4 HEXHAM AVENUE |
30 Oct 2023 | £173,951 | £170,000 | 1 OAKLEY DRIVE |
29 Sep 2023 | £143,156 | £140,000 | 24 OULTON CLOSE |
31 Aug 2023 | £183,306 | £180,000 | 11 OAKLEY DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Feb 2014. Using an estimated price of £148,375 means this house is valued at £2,150 per sq meter (£199 per sq foot).
The average size of a house on OAKLEY DRIVE is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oxted Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oxted Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oxted Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxted Close |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Otley Close |