£329,827
This estimated value is based upon the latest sale price for the house of £265,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£265,000 | 14 Jun 2019 |
Detached |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £265,000 results in an estimated price of approximately £329,827.
14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £265,000 | £64,827 | £329,827 |
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 | -9.163 % | £-24,282 | £240,717 |
3 Month Average | 11.680 % | £30,953 | £295,953 |
6 Month Average | 5.161 % | £13,675 | £278,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £347,664 | £340,000 | 12 ELLERTON WAY |
7 Sep 2023 | £347,664 | £340,000 | 10 LYNDALE |
16 Jun 2023 | £382,669 | £375,000 | 41 LINCOLN ROAD |
31 Mar 2023 | £269,501 | £265,000 | 31 LINCOLN ROAD |
27 Jan 2023 | £258,190 | £257,500 | 5 ELLERTON WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 13 Dec 2018. Using an estimated price of £329,828 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on LINCOLN ROAD is 106 sq meters (1,150 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Epwell Grove |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Avebury Place |
Jul 2024 | Other crime | Under investigation | On or near Avebury Place |
Jul 2024 | Public order | Under investigation | On or near Avebury Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Avebury Place |