£66,647
This estimated value is based upon the latest sale price for the house of £53,000 on 16 Apr 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£53,000 | 16 Apr 2018 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 April 2018 the House Price Index for NORTHUMBERLAND was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £53,000 results in an estimated price of approximately £66,647.
16 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £53,000 | £13,647 | £66,647 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 54.726 % | £29,004 | £82,004 |
3 Month Average | 11.660 % | £6,179 | £59,179 |
6 Month Average | -1.618 % | £-857 | £52,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £103,902 | £103,000 | 33 OAKVILLE |
19 Dec 2023 | £74,798 | £72,500 | 24 THORNTREE GARDENS |
15 Dec 2023 | £83,568 | £81,000 | 29 RIDGEWAY |
24 Nov 2023 | £97,474 | £95,000 | 41 OAKVILLE |
18 Oct 2023 | £184,183 | £180,000 | 3 HILLCREST |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Jan 2018. Using an estimated price of £66,647 means this house is valued at £784 per sq meter (£72 per sq foot).
The average size of a house on OAKVILLE is 94 sq meters (1,014 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Oakville |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Fairfield Drive |
Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Fairfield Drive |