£543,837
This estimated value is based upon the latest sale price for the house of £345,000 on 25 Jul 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£345,000 | 25 Jul 2007 |
£345,000 | 25 Jul 2007 |
Detached |
Freehold |
Floor Area: 194 sq meters or 2,088 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 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £345,000 results in an estimated price of approximately £543,837.
25 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £345,000 | £198,837 | £543,837 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 29.867 % | £103,039 | £448,039 |
3 Month Average | 30.748 % | £106,080 | £451,080 |
6 Month Average | 11.667 % | £40,250 | £385,250 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £258,303 | £255,000 | 9 GAIRLOCH CLOSE |
6 Jan 2023 | £398,125 | £400,000 | 25 GLAZEBURY WAY |
21 Oct 2022 | £185,008 | £187,000 | 9 PARKHAM CLOSE |
14 Apr 2022 | £308,940 | £300,000 | 15 GLAZEBURY WAY |
27 Aug 2021 | £295,638 | £265,000 | 6 GOLDTHORPE CLOSE |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 8 Jan 2014. Using an estimated price of £543,837 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on PINEWOOD AVENUE is 150 sq meters (1,615 sq feet).
This house is the largest in the street with a floor area of 194 sq meters (2,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Glazebury Way |
Dec 2023 | Other theft | Under investigation | On or near Glazebury Way |
Mar 2024 | Anti-social behaviour | On or near Goldthorpe Close | |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Goldthorpe Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Goldthorpe Close |