£258,829
This estimated value is based upon the latest sale price for the house of £195,000 on 30 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£195,000 | 30 Nov 2016 |
£92,950 | 26 Oct 1995 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 2016 the House Price Index for NORTHUMBERLAND was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £195,000 results in an estimated price of approximately £258,829.
30 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £195,000 | £63,829 | £258,829 |
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 | 15.590 % | £30,399 | £225,399 |
3 Month Average | 17.290 % | £33,715 | £228,715 |
6 Month Average | 13.584 % | £26,488 | £221,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £474,583 | £460,000 | 4 FAIRVILLE CLOSE |
26 Nov 2021 | £250,590 | £230,000 | 16 FERN AVENUE |
26 Oct 2021 | £163,856 | £147,000 | 14 BELLEVUE CRESCENT |
27 Aug 2021 | £253,995 | £226,000 | 35 FERN AVENUE |
11 Dec 2020 | £398,892 | £345,000 | 5 KELSEY WAY |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 27 Oct 2016. Using an estimated price of £258,829 means this house is valued at £1,975 per sq meter (£183 per sq foot).
The average size of a house on FAIRVILLE CLOSE is 219 sq meters (2,360 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fern Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fern Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Fern Avenue |
Apr 2024 | Other crime | Under investigation | On or near Fern Avenue |
Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Wrightson Street |