£160,338
This estimated value is based upon the latest sale price for the house of £130,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£130,000 | 12 Jul 2019 |
£110,000 | 18 Jul 2014 |
£123,997 | 23 May 2008 |
£42,000 | 30 Jun 2000 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £130,000 results in an estimated price of approximately £160,338.
12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £130,000 | £30,338 | £160,338 |
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 | -5.305 % | £-6,896 | £123,103 |
3 Month Average | -0.720 % | £-936 | £129,063 |
6 Month Average | 11.299 % | £14,689 | £144,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £113,997 | £113,000 | 31 HARWOOD CLOSE |
27 Apr 2023 | £123,833 | £122,500 | 1 HEBRON WAY |
31 Mar 2023 | £191,807 | £190,000 | 25 MAINSTONE CLOSE |
26 Jan 2023 | £94,555 | £95,000 | 18 HARWOOD CLOSE |
10 Jan 2023 | £225,936 | £227,000 | 15 MEGSTONE AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Feb 2019. Using an estimated price of £160,339 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on HARWOOD CLOSE is 70 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harwood Close |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hebron Way |
Feb 2024 | Anti-social behaviour | On or near Harnham Grove | |
Feb 2024 | Anti-social behaviour | On or near Harnham Grove | |
Feb 2024 | Anti-social behaviour | On or near Harnham Grove |