£199,955
This estimated value is based upon the latest sale price for the house of £55,500 on 14 Dec 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£55,500 | 14 Dec 2000 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2000 the House Price Index for NORTHUMBERLAND was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £55,500 results in an estimated price of approximately £199,955.
14 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 148.6 | 260.280 % | £55,500 | £144,455 | £199,955 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 134.091 % | £74,420 | £129,920 |
3 Month Average | 122.630 % | £68,059 | £123,559 |
6 Month Average | 171.916 % | £95,413 | £150,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £38,500 | £38,500 | 33A JUBILEE TERRACE |
21 Aug 2023 | £287,515 | £285,000 | 4 MANSION COURT |
21 Aug 2023 | £95,838 | £95,000 | 26 TOMLEA AVENUE |
28 Jul 2023 | £79,064 | £78,000 | 16 GLASSEY TERRACE |
10 Mar 2023 | £51,838 | £51,350 | 15 JUBILEE TERRACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 May 2014. Using an estimated price of £199,955 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on RIVER VIEW CLOSE is 107 sq meters (1,155 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near River View Close | |
Mar 2024 | Anti-social behaviour | On or near River View Close | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near River View Close |
Jan 2024 | Anti-social behaviour | On or near River View Close | |
Jan 2024 | Anti-social behaviour | On or near River View Close |