£153,758
This estimated value is based upon the latest sale price for the house of £90,000 on 2 Jun 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £90,000 | 2 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 June 2010 the House Price Index for NORTHUMBERLAND was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £90,000 results in an estimated price of approximately £153,758.
| 2 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £90,000 | £63,758 | £153,758 |
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 | 8.251 % | £7,425 | £97,425 |
| 3 Month Average | 4.047 % | £3,642 | £93,642 |
| 6 Month Average | 10.779 % | £9,700 | £99,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £133,129 | £129,750 | 10 KELSO GARDENS |
| 25 Sep 2023 | £124,750 | £122,000 | 2 STEAD LANE |
| 1 Sep 2023 | £240,297 | £235,000 | 17 WOODSIDE |
| 3 Mar 2023 | £100,681 | £99,000 | 2 CLEMENT AVENUE |
| 23 Jan 2023 | £190,509 | £190,000 | 7 WOODSIDE |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 9 Oct 2012. Using an estimated price of £153,758 means this house is valued at £854 per sq meter (£79 per sq foot).
The average size of a house on STEAD LANE is 97 sq meters (1,051 sq feet).
This house is the largest in the street with a floor area of 180 sq meters (1,937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elenbel Avenue | |
| Jul 2024 | Other theft | Under investigation | On or near Elenbel Avenue |
| Jul 2024 | Public order | Under investigation | On or near Elenbel Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elenbel Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Elenbel Avenue |