£7,013
This estimated value is based upon the latest sale price for the house of £5,650 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£5,650 | 16 Nov 2018 |
£253,000 | 16 Nov 2018 |
Freehold |
Floor Area: 109 sq meters or 1,173 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 November 2018 the House Price Index for NORTHUMBERLAND was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £5,650 results in an estimated price of approximately £7,013.
16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £5,650 | £1,363 | £7,013 |
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 | 19.402 % | £1,096 | £6,746 |
3 Month Average | 26.589 % | £1,502 | £7,152 |
6 Month Average | 19.926 % | £1,125 | £6,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jan 2023 | £5,665 | £5,650 | 3 YEOVIL CLOSE |
22 Nov 2022 | £208,027 | £209,000 | 31 INGHAM GROVE |
9 Sep 2022 | £379,746 | £380,000 | 21 YARMOUTH DRIVE |
5 Jul 2022 | £282,834 | £280,000 | 58 UNDERWOOD GROVE |
6 May 2022 | £369,630 | £360,000 | 1 YARMOUTH DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 8 Mar 2018. Using an estimated price of £7,014 means this house is valued at £64 per sq meter (£5 per sq foot).
The average size of a house on YARMOUTH DRIVE is 134 sq meters (1,446 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Yarmouth Drive | |
Jul 2024 | Anti-social behaviour | On or near Yarmouth Drive | |
Jun 2024 | Anti-social behaviour | On or near Yarmouth Drive | |
Jun 2024 | Anti-social behaviour | On or near Yarmouth Drive | |
Jun 2024 | Anti-social behaviour | On or near Yarmouth Drive |