£264,674
This estimated value is based upon the latest sale price for the house of £216,950 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£216,950 | 26 Jun 2020 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 2020 the House Price Index for NORTHUMBERLAND was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £216,950 results in an estimated price of approximately £264,674.
26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £216,950 | £47,724 | £264,674 |
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 | -33.050 % | £-71,701 | £145,248 |
3 Month Average | 24.231 % | £52,569 | £269,519 |
6 Month Average | 6.346 % | £13,767 | £230,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £237,291 | £230,000 | 30 BELFRY CLOSE |
24 Nov 2023 | £365,529 | £356,250 | 28 BELFRY CLOSE |
7 Feb 2023 | £281,883 | £280,000 | 16 BELFRY CLOSE |
5 May 2022 | £323,426 | £315,000 | 7 BELFRY CLOSE |
9 Mar 2022 | £179,556 | £172,000 | 38 SCOULAR DRIVE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 22 May 2020. Using an estimated price of £264,675 means this house is valued at £2,117 per sq meter (£196 per sq foot).
The average size of a house on KARLSSON WAY is 203 sq meters (2,185 sq feet).
This house is the smallest in the street with a floor area of 125 sq meters (1,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Karlsson Way | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Karlsson Way |
Jun 2024 | Anti-social behaviour | On or near Karlsson Way | |
Apr 2024 | Public order | Under investigation | On or near Karlsson Way |
Apr 2024 | Anti-social behaviour | On or near Catalunya Way |