£104,840
This estimated value is based upon the latest sale price for the house of £103,500 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£103,500 | 22 Sep 2023 |
£72,000 | 16 Jul 2021 |
Terraced |
Freehold |
Floor Area: 29 sq meters or 312 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 September 2023 the House Price Index for NORTHUMBERLAND was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £103,500 results in an estimated price of approximately £104,840.
22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £103,500 | £1,340 | £104,840 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 220.759 % | £228,485 | £331,985 |
3 Month Average | -22.607 % | £-23,398 | £80,101 |
6 Month Average | 15.289 % | £15,824 | £119,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £32,570 | £32,000 | 146 WOODHORN DRIVE |
22 Sep 2023 | £104,840 | £103,500 | 45 WOODHORN DRIVE |
4 Aug 2023 | £177,553 | £176,000 | 110 ASHINGTON DRIVE |
2 Aug 2023 | £186,633 | £185,000 | 17 WANSBECK AVENUE |
27 Apr 2023 | £25,272 | £25,000 | 158 WOODHORN DRIVE |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 29 Mar 2017. Using an estimated price of £104,840 means this house is valued at £3,615 per sq meter (£335 per sq foot).
The average size of a house on WOODHORN DRIVE is 56 sq meters (610 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
Mar 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive |