£221,978
This estimated value is based upon the latest sale price for the house of £170,000 on 28 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£170,000 | 28 Mar 2017 |
£195,000 | 24 Feb 2006 |
Detached |
Leasehold |
Floor Area: 118 sq meters or 1,270 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 March 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £170,000 results in an estimated price of approximately £221,978.
28 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £170,000 | £51,978 | £221,978 |
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 | -22.212 % | £-37,760 | £132,239 |
3 Month Average | 22.859 % | £38,859 | £208,859 |
6 Month Average | 1.936 % | £3,291 | £173,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £304,681 | £300,000 | 16 WHITTINGHAM CLOSE |
4 Sep 2023 | £193,260 | £189,000 | 12 DEERFELL CLOSE |
28 Mar 2023 | £340,690 | £335,000 | 8 SHOTLEY COURT |
25 Jan 2022 | £238,545 | £225,000 | 8 FOXHILL CLOSE |
1 Nov 2021 | £217,904 | £200,000 | 7 FOXHILL CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 9 Jun 2016. Using an estimated price of £221,978 means this house is valued at £1,881 per sq meter (£174 per sq foot).
The average size of a house on WHITTINGHAM CLOSE is 138 sq meters (1,494 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
Apr 2024 | Anti-social behaviour | On or near Barrasford Close |