£161,895
This estimated value is based upon the latest sale price for the house of £131,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£131,000 | 18 Dec 2019 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £131,000 results in an estimated price of approximately £161,895.
18 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £131,000 | £30,895 | £161,895 |
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 | 4.256 % | £5,574 | £136,574 |
3 Month Average | 47.288 % | £61,947 | £192,947 |
6 Month Average | 19.442 % | £25,468 | £156,468 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £250,000 | £250,000 | 48 DUNKELD CLOSE |
22 Sep 2023 | £148,268 | £145,000 | 6 DUNBLANE DRIVE |
8 Sep 2023 | £245,410 | £240,000 | 39 BANBURY WAY |
5 Jun 2023 | £128,832 | £126,250 | 33 BROMLEY GARDENS |
14 Mar 2023 | £127,123 | £125,000 | 55 BANBURY WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Oct 2019. Using an estimated price of £161,896 means this house is valued at £2,312 per sq meter (£214 per sq foot).
The average size of a house on BROMLEY GARDENS is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Bromley Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Bromley Gardens |
May 2024 | Anti-social behaviour | On or near Dunkeld Close | |
May 2024 | Anti-social behaviour | On or near Dunkeld Close | |
May 2024 | Anti-social behaviour | On or near Dunkeld Close |