£3,672
This estimated value is based upon the latest sale price for the house of £2,870 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£2,870 | 18 Aug 2017 |
£162,000 | 1 Jul 2005 |
£146,950 | 29 Mar 2004 |
£65,950 | 7 May 1999 |
Freehold |
Floor Area: 81 sq meters or 871 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 August 2017 the House Price Index for NORTHUMBERLAND was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £2,870 results in an estimated price of approximately £3,672.
18 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £2,870 | £802 | £3,672 |
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 | 6.045 % | £173 | £3,043 |
3 Month Average | 27.915 % | £801 | £3,671 |
6 Month Average | 29.654 % | £851 | £3,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £244,357 | £239,950 | 20 MILLBROOK ROAD |
25 Aug 2023 | £224,041 | £220,000 | 26 MILLBROOK ROAD |
14 Jan 2022 | £147,898 | £139,500 | 42 LANGTON DRIVE |
8 Dec 2021 | £214,782 | £199,000 | 5 MILLBROOK ROAD |
22 Oct 2021 | £137,104 | £123,000 | 11 MILLBROOK ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Jul 2016. Using an estimated price of £3,672 means this house is valued at £45 per sq meter (£4 per sq foot).
The average size of a house on LANGTON DRIVE is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Murston Avenue |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Murston Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Epwell Grove |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Avebury Place |
Jul 2024 | Public order | Under investigation | On or near Avebury Place |