£147,218
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Sep 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£80,000 | 23 Sep 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 89 sq meters or 957 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 2005 the House Price Index for NORTHUMBERLAND was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £80,000 results in an estimated price of approximately £147,218.
23 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.3 | 149.7 | 84.023 % | £80,000 | £67,218 | £147,218 |
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 | 5.217 % | £4,173 | £84,173 |
3 Month Average | 15.133 % | £12,106 | £92,106 |
6 Month Average | 10.229 % | £8,183 | £88,183 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £55,406 | £54,000 | 43 BLENHEIM DRIVE |
30 Oct 2023 | £112,556 | £110,000 | 31 RAVENSWORTH STREET |
24 Jan 2023 | £300,804 | £300,000 | 7 PARK TERRACE |
4 Nov 2022 | £63,702 | £64,000 | 34 BLENHEIM DRIVE |
11 Nov 2021 | £117,668 | £108,000 | BRIDGE HOUSE, 5 - 6 STATION ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Apr 2018. Using an estimated price of £147,218 means this house is valued at £1,654 per sq meter (£153 per sq foot).
There is one other house on the street which we know the size of, this is 2 RAVENSWORTH TERRACE it is 85.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Park Terrace | |
Jun 2024 | Anti-social behaviour | On or near Park Terrace |