£137,625
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Mar 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£80,000 | 11 Mar 2011 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 857 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 March 2011 the House Price Index for NORTHUMBERLAND was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £80,000 results in an estimated price of approximately £137,625.
11 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.032 % | £80,000 | £57,625 | £137,625 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | -6.241 % | £-4,993 | £75,006 |
3 Month Average | -3.987 % | £-3,189 | £76,810 |
6 Month Average | 29.260 % | £23,407 | £103,407 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £22,285 | £22,000 | 7 RIVERSDALE HOUSE |
18 Sep 2023 | £23,045 | £22,750 | 8 RIVERSDALE HOUSE |
31 Jul 2023 | £169,278 | £167,000 | 11 CROSSFELL GARDENS |
20 Feb 2023 | £34,976 | £35,000 | 11 RIVERSDALE HOUSE |
7 Feb 2023 | £129,913 | £130,000 | 8 LANSDOWNE GARDENS |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 18 Jan 2011. Using an estimated price of £137,625 means this house is valued at £1,727 per sq meter (£160 per sq foot).
There is one other house on the street which we know the size of, this is 7 WELLINGTON ROAD it is 76.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
Dec 2023 | Violence and sexual offences | Local resolution | On or near Wellington Road |
Dec 2023 | Anti-social behaviour | On or near Wellington Road | |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Wellington Road |
Dec 2023 | Anti-social behaviour | On or near Wellington Road |