£381,435
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Sep 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£225,000 | 30 Sep 2010 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,455 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 September 2010 the House Price Index for NORTHUMBERLAND was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £225,000 results in an estimated price of approximately £381,435.
30 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £225,000 | £156,435 | £381,435 |
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 | 140.590 % | £316,327 | £541,327 |
3 Month Average | 12.967 % | £29,176 | £254,176 |
6 Month Average | 4.689 % | £10,549 | £235,549 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £158,386 | £157,000 | 50 TRIDENT DRIVE |
21 Jun 2023 | £242,943 | £240,000 | 1 TRIDENT DRIVE |
1 Apr 2022 | £169,917 | £165,000 | 23 TRIDENT DRIVE |
14 Dec 2020 | £223,804 | £195,000 | 3 TRIDENT DRIVE |
23 Oct 2020 | £217,020 | £185,000 | 46 TRIDENT DRIVE |
This house has a floor area of 135 sq meters or 1,455 sq feet when measured on 14 Apr 2011. Using an estimated price of £381,436 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on OTWAY GROVE is 113 sq meters (1,220 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Otus Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Otus Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Teal Avenue |
Apr 2024 | Anti-social behaviour | On or near Elfin Way | |
Mar 2024 | Anti-social behaviour | On or near Dolphin Grove |