£173,859
This estimated value is based upon the latest sale price for the house of £110,000 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£110,000 | 24 Aug 2007 |
£80,000 | 4 Jan 2006 |
£215,000 | 19 Sep 2003 |
£20,000 | 19 Dec 1995 |
Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 August 2007 the House Price Index for NORTHUMBERLAND was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £110,000 results in an estimated price of approximately £173,859.
24 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 149.7 | 58.054 % | £110,000 | £63,859 | £173,859 |
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 | -16.099 % | £-17,709 | £92,290 |
3 Month Average | -19.531 % | £-21,483 | £88,516 |
6 Month Average | -18.108 % | £-19,919 | £90,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £33,007 | £32,500 | 11 CHESTNUT STREET |
20 Dec 2023 | £13,614,588 | £13,196,239 | ASDA STORES LTD LINTONVILLE TERRACE |
31 Mar 2023 | £75,257 | £74,000 | 4 CHESTNUT STREET |
31 Mar 2023 | £81,359 | £80,000 | 6 POPLAR STREET |
17 Mar 2023 | £50,849 | £50,000 | 16 SYCAMORE STREET |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 21 Nov 2017. Using an estimated price of £173,860 means this house is valued at £1,060 per sq meter (£98 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Reiverdale Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Reiverdale Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Reiverdale Road |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reiverdale Road |
May 2024 | Other theft | Under investigation | On or near Reiverdale Road |