£92,661
This estimated value is based upon the latest sale price for the house of £69,000 on 11 May 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£69,000 | 11 May 2016 |
£67,000 | 24 Feb 2015 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 May 2016 the House Price Index for NORTHUMBERLAND was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £69,000 results in an estimated price of approximately £92,661.
11 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £69,000 | £23,661 | £92,661 |
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 | 176.869 % | £122,039 | £191,039 |
3 Month Average | 13.424 % | £9,262 | £78,262 |
6 Month Average | 14.340 % | £9,894 | £78,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £128,908 | £127,000 | 92 TYNEDALE DRIVE |
10 Feb 2023 | £127,414 | £127,500 | 109 TYNEDALE DRIVE |
23 Jan 2023 | £141,334 | £142,000 | 6 KINGSDALE AVENUE |
2 Nov 2022 | £88,923 | £90,000 | 11 RAVENSDALE GROVE |
5 Aug 2022 | £96,740 | £97,000 | 60 DEVONWORTH PLACE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Feb 2011. Using an estimated price of £92,661 means this house is valued at £1,130 per sq meter (£104 per sq foot).
The average size of a house on RAVENSDALE GROVE is 91 sq meters (984 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ravensdale Grove |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Ravensdale Grove |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Ravensdale Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravensdale Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Malton Close |