£183,747
This estimated value is based upon the latest sale price for the house of £170,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £170,000 | 25 Jun 2021 |
| £159,000 | 3 Apr 2020 |
| £98,700 | 7 Dec 2002 |
| £54,000 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 June 2021 the House Price Index for NORTHUMBERLAND was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £170,000 results in an estimated price of approximately £183,747.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £170,000 | £13,747 | £183,747 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -29.221 % | £-49,675 | £120,324 |
| 3 Month Average | -15.372 % | £-26,133 | £143,866 |
| 6 Month Average | -28.236 % | £-48,001 | £121,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £76,346 | £74,000 | 34 BRIARDALE |
| 12 Dec 2023 | £171,263 | £166,000 | 1 THE CHASE |
| 13 Oct 2023 | £207,206 | £202,500 | 14 RIDGE VILLAS |
| 28 Apr 2023 | £179,355 | £176,000 | 3 THE CHASE |
| 11 Nov 2022 | £61,214 | £61,500 | 25 FORSTER AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 1 Oct 2019. Using an estimated price of £183,747 means this house is valued at £1,749 per sq meter (£162 per sq foot).
The average size of a house on RIDGE VILLAS is 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |