£171,356
This estimated value is based upon the latest sale price for the house of £145,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£145,000 | 30 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 October 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £145,000 results in an estimated price of approximately £171,356.
30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £145,000 | £26,356 | £171,356 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 21.212 % | £30,757 | £175,757 |
3 Month Average | 27.578 % | £39,988 | £184,988 |
6 Month Average | 24.316 % | £35,258 | £180,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £214,594 | £208,000 | 45 OAKAPPLE CLOSE |
4 Aug 2023 | £239,316 | £235,000 | 16 COURT ROAD |
2 Aug 2023 | £280,051 | £275,000 | 41 OAKAPPLE CLOSE |
22 Jun 2023 | £133,985 | £131,300 | 6 MILLNE COURT |
6 May 2022 | £154,012 | £150,000 | 8 COURT ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 17 Aug 2020. Using an estimated price of £171,356 means this house is valued at £2,315 per sq meter (£215 per sq foot).
The average size of a house on OAKAPPLE CLOSE is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other crime | Under investigation | On or near Oakapple Close |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Oakapple Close |
Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Oakapple Close |
Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Oakapple Close |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakapple Close |