£121,379
This estimated value is based upon the latest sale price for the house of £24,500 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£24,500 | 31 Oct 1997 |
Terraced |
Leasehold |
Floor Area: 54 sq meters or 584 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 1997 the House Price Index for NORTHUMBERLAND was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £24,500 results in an estimated price of approximately £121,379.
31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £24,500 | £96,879 | £121,379 |
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 | 134.872 % | £33,043 | £57,543 |
3 Month Average | 223.042 % | £54,645 | £79,145 |
6 Month Average | 240.894 % | £59,019 | £83,519 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £151,145 | £148,500 | 57 CRAMOND WAY |
29 Nov 2023 | £81,202 | £80,000 | 15 WOODHILL ROAD |
9 Aug 2023 | £133,669 | £132,500 | 13 COOMSIDE |
24 Mar 2023 | £211,997 | £210,000 | 8 CROOKHAM WAY |
18 Nov 2022 | £197,557 | £199,950 | 109 CATERAN WAY |
This house has a floor area of 54 sq meters or 584 sq feet when measured on 9 Jun 2010. Using an estimated price of £121,380 means this house is valued at £2,233 per sq meter (£207 per sq foot).
The average size of a house on CATERAN WAY is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranshaw Place |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carlcroft Place |