£363,901
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£285,000 | 29 Sep 2017 |
£104,995 | 31 Jul 1998 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 September 2017 the House Price Index for NORTHUMBERLAND was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £285,000 results in an estimated price of approximately £363,901.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £285,000 | £78,901 | £363,901 |
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 | 24.189 % | £68,938 | £353,938 |
3 Month Average | 47.305 % | £134,818 | £419,818 |
6 Month Average | 34.846 % | £99,310 | £384,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £374,759 | £368,000 | 16 LAPFORD DRIVE |
28 Apr 2023 | £127,383 | £125,000 | 7 AVEBURY PLACE |
12 Apr 2023 | £117,192 | £115,000 | 60 AVEBURY PLACE |
31 Mar 2023 | £269,501 | £265,000 | 31 LINCOLN ROAD |
14 Jan 2022 | £147,898 | £139,500 | 42 LANGTON DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 May 2014. Using an estimated price of £363,902 means this house is valued at £3,164 per sq meter (£293 per sq foot).
The average size of a house on LAPFORD DRIVE is 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Avebury Place |
Jul 2024 | Other crime | Under investigation | On or near Avebury Place |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Avebury Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Avebury Place |
May 2024 | Violence and sexual offences | Under investigation | On or near Avebury Place |