£194,994
This estimated value is based upon the latest sale price for the house of £148,707 on 22 Dec 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£148,707 | 22 Dec 2016 |
Detached |
Freehold |
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 December 2016 the House Price Index for NORTHUMBERLAND was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £148,707 results in an estimated price of approximately £194,994.
22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £148,707 | £46,287 | £194,994 |
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 | -19.184 % | £-28,527 | £120,179 |
3 Month Average | -16.362 % | £-24,331 | £124,375 |
6 Month Average | 26.042 % | £38,726 | £187,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £157,377 | £156,000 | 15 MONTGOMERIE COURT |
24 Jun 2022 | £116,648 | £115,000 | 23 GARCIA DRIVE |
31 May 2022 | £285,377 | £280,000 | 17 SAUNTON WAY |
25 Feb 2022 | £122,697 | £117,000 | 19 GARCIA DRIVE |
7 Jan 2022 | £184,171 | £175,000 | 8 MONTGOMERIE COURT |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Nov 2016. Using an estimated price of £194,995 means this house is valued at £2,190 per sq meter (£203 per sq foot).
The average size of a house on GARCIA DRIVE is 112 sq meters (1,206 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Garcia Drive | |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Waterville Grove |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterville Grove |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Waterville Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Waterville Grove |