£232,332
This estimated value is based upon the latest sale price for the house of £214,950 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£214,950 | 30 Jun 2021 |
£160,000 | 28 Aug 2012 |
£85,000 | 20 Jan 1999 |
Detached |
Freehold |
Floor Area: 78 sq meters or 840 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 June 2021 the House Price Index for NORTHUMBERLAND was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £214,950 results in an estimated price of approximately £232,332.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £214,950 | £17,382 | £232,332 |
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 | -10.542 % | £-22,659 | £192,290 |
3 Month Average | 17.944 % | £38,569 | £253,519 |
6 Month Average | 6.484 % | £13,937 | £228,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £191,029 | £189,370 | 10 MELVILLE AVENUE |
22 Sep 2023 | £117,592 | £115,000 | 373 PLESSEY ROAD |
3 Aug 2023 | £190,435 | £187,000 | 367 PLESSEY ROAD |
19 Aug 2022 | £216,010 | £215,000 | 48 NEWLANDS ROAD |
11 Mar 2022 | £96,042 | £92,000 | 70 TWELFTH AVENUE |
This house has a floor area of 78 sq meters or 840 sq feet when measured on 22 Nov 2011. Using an estimated price of £232,332 means this house is valued at £2,974 per sq meter (£276 per sq foot).
The average size of a house on NEWLANDS ROAD is 95 sq meters (1,027 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Under investigation | On or near Newlands Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newlands Road |
May 2024 | Bicycle theft | Under investigation | On or near Newlands Road |
Apr 2024 | Anti-social behaviour | On or near Newlands Road | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newlands Road |