£81,554
This estimated value is based upon the latest sale price for the house of £63,500 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£63,500 | 14 Jul 2017 |
£62,500 | 28 May 2012 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2017 the House Price Index for NORTHUMBERLAND was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £63,500 results in an estimated price of approximately £81,554.
14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £63,500 | £18,054 | £81,554 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -21.173 % | £-13,445 | £50,054 |
3 Month Average | -0.507 % | £-321 | £63,178 |
6 Month Average | 2.592 % | £1,646 | £65,146 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £33,007 | £32,500 | 11 CHESTNUT STREET |
27 Apr 2023 | £71,334 | £70,000 | 39 HAWTHORN ROAD |
31 Mar 2023 | £75,257 | £74,000 | 4 CHESTNUT STREET |
17 Mar 2023 | £203,397 | £200,000 | 18 WOODHORN ROAD |
10 Feb 2023 | £55,370 | £55,000 | 10 HAWTHORN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 Feb 2017. Using an estimated price of £81,555 means this house is valued at £1,045 per sq meter (£97 per sq foot).
The average size of a house on WOODHORN ROAD is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Reiverdale Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Reiverdale Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Reiverdale Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reiverdale Road |
May 2024 | Anti-social behaviour | On or near Reiverdale Road |