£561,465
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£375,000 | 7 Nov 2014 |
£265,000 | 10 Oct 2006 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 November 2014 the House Price Index for NORTHUMBERLAND was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £375,000 results in an estimated price of approximately £561,465.
7 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £375,000 | £186,465 | £561,465 |
The Postcode Pricing Model uses changes in average sales price within the NE45 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 | -72.375 % | £-271,406 | £103,593 |
3 Month Average | -10.652 % | £-39,946 | £335,053 |
6 Month Average | -2.171 % | £-8,141 | £366,858 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £536,864 | £530,000 | 16 PRIORY GARDENS |
16 Aug 2023 | £199,243 | £197,500 | 46 ROMAN WAY |
28 Jul 2023 | £456,139 | £450,000 | 2 LEAZES TERRACE |
19 Aug 2022 | £423,859 | £425,000 | 11 TRINITY TERRACE |
24 May 2022 | £173,265 | £170,000 | 21 THE RIGGS |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 10 Feb 2015. Using an estimated price of £561,466 means this house is valued at £3,622 per sq meter (£336 per sq foot).
The average size of a house on PRIORY GARDENS is 163 sq meters (1,754 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Priory Gardens |
Feb 2024 | Anti-social behaviour | On or near Roman Way | |
Feb 2024 | Anti-social behaviour | On or near Roman Way | |
Feb 2024 | Anti-social behaviour | On or near Roman Way | |
Feb 2024 | Anti-social behaviour | On or near Roman Way |