£122,723
This estimated value is based upon the latest sale price for the house of £106,000 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£106,000 | 23 Jul 2021 |
£106,995 | 30 Mar 2006 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 July 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £106,000 results in an estimated price of approximately £122,723.
23 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £106,000 | £16,723 | £122,723 |
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 | -14.716 % | £-15,599 | £90,400 |
3 Month Average | 19.418 % | £20,583 | £126,583 |
6 Month Average | -2.028 % | £-2,150 | £103,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £113,487 | £110,000 | 17 PLESSEY AVENUE |
20 Oct 2023 | £168,835 | £165,000 | 109 PLESSEY ROAD |
8 Sep 2023 | £118,615 | £116,000 | 5 MILLCROFT COURT |
30 Jun 2023 | £127,556 | £125,000 | 12 CROFTHEAD CLOSE |
4 May 2022 | £174,547 | £170,000 | 8 PLESSEY AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 25 Aug 2020. Using an estimated price of £122,724 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on MILLCROFT COURT is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Millcroft Court |
Jun 2024 | Anti-social behaviour | On or near Millcroft Court | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Millcroft Court |
Jun 2024 | Anti-social behaviour | On or near Millcroft Court | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Millcroft Court |