£218,083
This estimated value is based upon the latest sale price for the house of £155,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £155,000 | 30 Oct 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 October 2015 the House Price Index for NORTHUMBERLAND was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £155,000 results in an estimated price of approximately £218,083.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £155,000 | £63,083 | £218,083 |
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 | -9.632 % | £-14,929 | £140,070 |
| 3 Month Average | 19.863 % | £30,787 | £185,787 |
| 6 Month Average | 21.378 % | £33,135 | £188,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £304,042 | £299,950 | 35 TWYFORD CLOSE |
| 30 Jun 2023 | £182,207 | £180,000 | 64 TORCROSS WAY |
| 19 Jan 2023 | £150,292 | £151,000 | 14 TAUNTON PLACE |
| 14 Jul 2022 | £170,459 | £170,000 | 3 TAVISTOCK WALK |
| 3 May 2022 | £136,573 | £134,000 | 13 TENBY SQUARE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 31 Jul 2015. Using an estimated price of £218,083 means this house is valued at £3,254 per sq meter (£302 per sq foot).
The average size of a house on TORCROSS WAY is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tiverton Place |
| Feb 2024 | Anti-social behaviour | On or near Tenby Square | |
| Feb 2024 | Anti-social behaviour | On or near Tenby Square | |
| Feb 2024 | Anti-social behaviour | On or near Tenby Square | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Taunton Place |