£120,527
This estimated value is based upon the latest sale price for the house of £70,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£70,000 | 2 Mar 2012 |
£106,000 | 27 Jul 2007 |
£21,000 | 2 Mar 2001 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 830 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 March 2012 the House Price Index for NORTHUMBERLAND was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £70,000 results in an estimated price of approximately £120,527.
2 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £70,000 | £50,527 | £120,527 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 0.895 % | £626 | £70,626 |
3 Month Average | -1.794 % | £-1,255 | £68,744 |
6 Month Average | -5.228 % | £-3,659 | £66,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £143,646 | £140,000 | 26 REDWOOD COURT |
29 Sep 2023 | £130,885 | £128,000 | 33 REDWOOD COURT |
8 Feb 2023 | £124,834 | £124,000 | 21 REDWOOD COURT |
5 Aug 2022 | £51,240 | £51,000 | 16 COLLEGE PLACE |
22 Jun 2022 | £91,966 | £90,000 | 79 BROOMLEE |
This house has a floor area of 77 sq meters or 830 sq feet when measured on 14 Jul 2011. Using an estimated price of £120,527 means this house is valued at £1,562 per sq meter (£145 per sq foot).
The average size of a house on BROOMLEE is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Redwood Court |
Jun 2024 | Anti-social behaviour | On or near Redwood Court | |
Jun 2024 | Anti-social behaviour | On or near Redwood Court | |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Redwood Court |
Jun 2024 | Other crime | Under investigation | On or near Redwood Court |