£240,752
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Dec 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£150,000 | 17 Dec 2013 |
£79,950 | 28 Sep 2001 |
£79,950 | 28 Sep 2001 |
£64,000 | 28 Sep 2000 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 December 2013 the House Price Index for NORTHUMBERLAND was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £150,000 results in an estimated price of approximately £240,752.
17 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £150,000 | £90,752 | £240,752 |
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 | -10.557 % | £-15,835 | £134,164 |
3 Month Average | 26.033 % | £39,049 | £189,049 |
6 Month Average | 33.866 % | £50,799 | £200,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £213,156 | £210,000 | 9 ROTHERFIELD CLOSE |
10 Aug 2023 | £272,383 | £270,000 | 1 ROTHERFIELD CLOSE |
28 Apr 2023 | £212,286 | £210,000 | 148 RINGWOOD DRIVE |
17 Feb 2023 | £287,307 | £287,500 | 129 RINGWOOD DRIVE |
7 Mar 2022 | £155,439 | £150,000 | 34 RINGWOOD DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Mar 2012. Using an estimated price of £240,753 means this house is valued at £2,588 per sq meter (£240 per sq foot).
The average size of a house on RINGWOOD DRIVE is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Purbeck Gardens |
Apr 2024 | Other theft | Under investigation | On or near Poole Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Poole Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Poole Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Poole Close |