£643,747
This estimated value is based upon the latest sale price for the house of £484,995 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£484,995 | 11 Nov 2016 |
Detached |
Freehold |
Floor Area: 206 sq meters or 2,217 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 November 2016 the House Price Index for NORTHUMBERLAND was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £484,995 results in an estimated price of approximately £643,747.
11 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £484,995 | £158,752 | £643,747 |
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 | 12.349 % | £59,894 | £544,889 |
3 Month Average | 4.529 % | £21,965 | £506,960 |
6 Month Average | 16.026 % | £77,727 | £562,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £324,986 | £315,000 | 8 POPLAR PLACE |
28 Oct 2022 | £328,901 | £330,000 | 15 POPLAR PLACE |
25 Feb 2022 | £332,784 | £315,000 | 16 POPLAR PLACE |
17 Dec 2021 | £577,424 | £534,995 | 1 ASPEN WAY |
9 Dec 2021 | £271,980 | £251,995 | 5 ASPEN WAY |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 25 Jan 2016. Using an estimated price of £643,748 means this house is valued at £3,124 per sq meter (£290 per sq foot).
The average size of a house on ASPEN WAY is 143 sq meters (1,541 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |