£125,483
This estimated value is based upon the latest sale price for the house of £90,000 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£90,000 | 1 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2015 the House Price Index for NORTHUMBERLAND was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £90,000 results in an estimated price of approximately £125,483.
1 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £90,000 | £35,483 | £125,483 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -18.419 % | £-16,576 | £73,423 |
3 Month Average | 23.124 % | £20,811 | £110,811 |
6 Month Average | 2.574 % | £2,316 | £92,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £171,263 | £166,000 | 1 THE CHASE |
13 Nov 2023 | £90,292 | £88,000 | 2 NETHERDALE |
21 Sep 2023 | £288,868 | £282,500 | 4 CONWAY CLOSE |
20 Sep 2023 | £117,592 | £115,000 | 14 LINK AVENUE |
28 Apr 2023 | £179,355 | £176,000 | 3 THE CHASE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Oct 2015. Using an estimated price of £125,483 means this house is valued at £1,511 per sq meter (£140 per sq foot).
The average size of a house on LINK AVENUE is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Link Avenue |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Link Avenue |
Jul 2024 | Other crime | Under investigation | On or near Link Avenue |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Link Avenue |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Link Avenue |