£202,127
This estimated value is based upon the latest sale price for the house of £135,000 on 17 Nov 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£135,000 | 17 Nov 2014 |
£130,000 | 13 Aug 2010 |
£55,250 | 20 Oct 1995 |
Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 November 2014 the House Price Index for NORTHUMBERLAND was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £135,000 results in an estimated price of approximately £202,127.
17 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £135,000 | £67,127 | £202,127 |
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 | 130.770 % | £176,539 | £311,539 |
3 Month Average | 1.851 % | £2,499 | £137,499 |
6 Month Average | 4.904 % | £6,620 | £141,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £245,134 | £242,000 | 1 GOSPORT WAY |
3 Aug 2023 | £206,809 | £205,000 | 15 GATELEY AVENUE |
1 Aug 2023 | £226,986 | £225,000 | 4 GATELEY AVENUE |
6 Apr 2023 | £157,698 | £156,000 | 16 GOSPORT WAY |
24 Mar 2023 | £171,617 | £170,000 | 18 GOSPORT WAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 24 Aug 2020. Using an estimated price of £202,128 means this house is valued at £3,425 per sq meter (£318 per sq foot).
The average size of a house on GATELEY AVENUE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
Jan 2024 | Public order | Under investigation | On or near Grange Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Earlswood Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dalston Place |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Farnham Grove |