£54,670
This estimated value is based upon the latest sale price for the house of £44,000 on 17 Jul 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£44,000 | 17 Jul 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 July 2019 the House Price Index for NORTHUMBERLAND was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £44,000 results in an estimated price of approximately £54,670.
17 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £44,000 | £10,670 | £54,670 |
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 | 28.845 % | £12,691 | £56,691 |
3 Month Average | 1.563 % | £687 | £44,687 |
6 Month Average | 4.885 % | £2,149 | £46,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £175,192 | £172,500 | 21 WARENFORD CLOSE |
14 Aug 2023 | £89,565 | £87,950 | 78 WESTERKIRK |
28 Dec 2021 | £37,776 | £35,000 | 14 WARENFORD CLOSE |
23 Dec 2021 | £194,275 | £180,000 | 3 CATERAN WAY |
19 Nov 2021 | £245,142 | £225,000 | 10 WATERBECK CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 16 Aug 2018. Using an estimated price of £54,670 means this house is valued at £896 per sq meter (£83 per sq foot).
The average size of a house on WESTERKIRK is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Westerkirk | |
Jun 2024 | Anti-social behaviour | On or near Cassini Close | |
Jun 2024 | Anti-social behaviour | On or near Cassini Close | |
Apr 2024 | Anti-social behaviour | On or near Parking Area | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |