£317,336
This estimated value is based upon the latest sale price for the house of £188,000 on 7 Feb 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £188,000 | 7 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,218 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 February 2013 the House Price Index for NORTHUMBERLAND was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £188,000 results in an estimated price of approximately £317,336.
| 7 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £188,000 | £129,336 | £317,336 |
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 | 164.050 % | £308,414 | £496,414 |
| 3 Month Average | 6.788 % | £12,760 | £200,760 |
| 6 Month Average | 10.795 % | £20,294 | £208,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £235,005 | £232,000 | 83 ALBATROSS WAY |
| 30 Jun 2023 | £172,084 | £170,000 | 31 ALBATROSS WAY |
| 21 Jun 2023 | £193,342 | £191,000 | 34 ALBATROSS WAY |
| 1 Feb 2023 | £219,852 | £220,000 | 51 ALBATROSS WAY |
| 27 Oct 2022 | £277,017 | £280,000 | 97 ALBATROSS WAY |
This house has a floor area of 113 sq meters or 1,218 sq feet when measured on 25 Aug 2010. Using an estimated price of £317,336 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on AVOCET CLOSE is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Avocet Close | |
| Apr 2024 | Anti-social behaviour | On or near Albatross Way | |
| Apr 2024 | Drugs | Under investigation | On or near Heron Close |
| Mar 2024 | Anti-social behaviour | On or near Fulmar Drive | |
| Mar 2024 | Anti-social behaviour | On or near Fulmar Drive |