£156,254
This estimated value is based upon the latest sale price for the house of £115,500 on 6 May 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£115,500 | 6 May 2016 |
£97,000 | 6 Jul 2005 |
£29,950 | 9 Aug 1996 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £115,500 results in an estimated price of approximately £156,254.
6 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £115,500 | £40,754 | £156,254 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 34.860 % | £40,263 | £155,763 |
3 Month Average | 32.558 % | £37,604 | £153,104 |
6 Month Average | 16.011 % | £18,493 | £133,993 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £135,153 | £131,000 | 7 SUDBURY WAY |
22 Nov 2023 | £143,646 | £140,000 | 26 SOUTHWOLD PLACE |
17 Nov 2023 | £147,751 | £144,000 | 11 STRATFORD CLOSE |
31 Oct 2023 | £155,532 | £152,000 | 23 SUDBURY WAY |
30 Jun 2023 | £138,781 | £136,000 | 32 SHIEL GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Feb 2016. Using an estimated price of £156,255 means this house is valued at £2,055 per sq meter (£191 per sq foot).
The average size of a house on SUDBURY WAY is 68 sq meters (738 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Exeter Close | |
Jun 2024 | Anti-social behaviour | On or near Exeter Close | |
May 2024 | Anti-social behaviour | On or near Exeter Close | |
May 2024 | Anti-social behaviour | On or near Exeter Close | |
May 2024 | Anti-social behaviour | On or near Exeter Close |