£98,686
This estimated value is based upon the latest sale price for the house of £80,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£80,000 | 14 Dec 2018 |
£50,000 | 27 Nov 2017 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2018 the House Price Index for NORTHUMBERLAND was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £80,000 results in an estimated price of approximately £98,686.
14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £80,000 | £18,686 | £98,686 |
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 | -11.523 % | £-9,218 | £70,781 |
3 Month Average | -25.716 % | £-20,572 | £59,427 |
6 Month Average | 8.583 % | £6,866 | £86,866 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £29,262 | £28,750 | 69 NEWBIGGIN ROAD |
10 Nov 2023 | £106,578 | £105,000 | 21 CORONATION TERRACE |
18 Aug 2023 | £124,086 | £123,000 | 10 SANDPIPER WAY |
13 Jun 2023 | £92,116 | £91,000 | 46 NEWBIGGIN ROAD |
3 Mar 2023 | £116,094 | £115,000 | 55 NEWBIGGIN ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 25 Sep 2017. Using an estimated price of £98,686 means this house is valued at £1,174 per sq meter (£109 per sq foot).
The average size of a house on CORONATION TERRACE is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heron Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grebe Close |
Jan 2024 | Burglary | Under investigation | On or near Grebe Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Mar 2024 | Other crime | Under investigation | On or near Parking Area |