£198,227
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£160,000 | 25 Jun 2018 |
£160,000 | 24 May 2018 |
£189,000 | 10 Aug 2005 |
£172,000 | 29 Jul 2003 |
£136,950 | 28 Jun 2002 |
Terraced |
Freehold |
Floor Area: 126 sq meters or 1,356 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 2018 the House Price Index for NORTHUMBERLAND was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £160,000 results in an estimated price of approximately £198,227.
25 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.0 | 23.892 % | £160,000 | £38,227 | £198,227 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -49.008 % | £-78,412 | £81,587 |
3 Month Average | -28.222 % | £-45,154 | £114,845 |
6 Month Average | -3.672 % | £-5,875 | £154,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £179,394 | £176,000 | 25 TOWNELEY COURT |
14 Jul 2023 | £39,877 | £39,500 | BALLOON HOUSE BROOMHOUSE LANE |
4 May 2022 | £233,471 | £230,000 | 9 VICTORIA GROVE |
7 Feb 2022 | £235,004 | £225,000 | 2 SCHOOL ROW |
3 Feb 2022 | £323,783 | £310,000 | 2 NORTHUMBERLAND COURT |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 14 Oct 2013. Using an estimated price of £198,227 means this house is valued at £1,573 per sq meter (£146 per sq foot).
The average size of a house on SCHOOL ROW is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near School Row | |
Mar 2024 | Anti-social behaviour | On or near School Row | |
Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
Jan 2024 | Anti-social behaviour | On or near Victoria Grove |