£832,478
This estimated value is based upon the latest sale price for the house of £670,000 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 |
---|---|
£670,000 | 12 Jul 2019 |
Detached |
Freehold |
Floor Area: 236 sq meters or 2,540 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 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £670,000 results in an estimated price of approximately £832,478.
12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £670,000 | £162,478 | £832,478 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 72.701 % | £487,096 | £1,157,096 |
3 Month Average | 50.655 % | £339,389 | £1,009,389 |
6 Month Average | 25.588 % | £171,437 | £841,437 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2024 | £500,000 | £500,000 | PINEWOOD HOUSE PINEWOOD DRIVE |
14 Mar 2024 | £710,923 | £700,000 | HYMOUNT, 9 THE DELL |
12 Sep 2023 | £843,596 | £825,000 | SUMMERSCOTT HOUSE EAST LANE END |
4 Aug 2023 | £845,245 | £830,000 | ORCHARD RISE FULBECK |
20 Jun 2023 | £250,010 | £245,000 | 12 NORTH LEECH |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 4 Jul 2019. Using an estimated price of £832,478 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on FULBECK GRANGE is 229 sq meters (2,467 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Oakland Park |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Elecampane Lane |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Fennel Way |
Sep 2024 | Anti-social behaviour | On or near Marigold Way | |
Sep 2024 | Anti-social behaviour | On or near Marigold Way |