£386,680
This estimated value is based upon the latest sale price for the house of £243,500 on 6 Jul 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£243,500 | 6 Jul 2007 |
Detached |
Leasehold |
Floor Area: 124 sq meters or 1,334 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 2007 the House Price Index for NORTHUMBERLAND was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £243,500 results in an estimated price of approximately £386,680.
6 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.801 % | £243,500 | £143,180 | £386,680 |
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 | 2.392 % | £5,824 | £249,324 |
3 Month Average | 1.325 % | £3,225 | £246,725 |
6 Month Average | -0.831 % | £-2,022 | £241,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £249,500 | £249,500 | 2 HARELAW DRIVE |
19 Apr 2024 | £302,628 | £300,000 | 9 CHAFFINCH COURT |
7 Dec 2023 | £235,228 | £228,000 | 2 CHAFFINCH COURT |
20 Jan 2023 | £190,459 | £189,950 | 11 CHAFFINCH COURT |
20 Jan 2023 | £242,648 | £242,000 | 11 FALCON COURT |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 29 Apr 2015. Using an estimated price of £386,680 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on FALCON COURT is 129 sq meters (1,390 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Anti-social behaviour | On or near Cranemarsh Close | |
Oct 2024 | Anti-social behaviour | On or near Speedwell Court | |
Oct 2024 | Anti-social behaviour | On or near Speedwell Court | |
Oct 2024 | Anti-social behaviour | On or near Blackthorn Way | |
Oct 2024 | Anti-social behaviour | On or near Blackthorn Way |