£207,524
This estimated value is based upon the latest sale price for the house of £179,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£179,000 | 27 Nov 2020 |
£155,000 | 15 Aug 2016 |
£143,000 | 7 May 2015 |
£64,000 | 7 Oct 1996 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £179,000 results in an estimated price of approximately £207,524.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £179,000 | £28,524 | £207,524 |
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 | -4.039 % | £-7,230 | £171,769 |
3 Month Average | -10.137 % | £-18,145 | £160,854 |
6 Month Average | 16.597 % | £29,707 | £208,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £111,959 | £110,000 | 20 REAVLEY AVENUE |
4 Aug 2023 | £103,909 | £103,000 | 26 REAVLEY AVENUE |
24 Apr 2023 | £160,731 | £159,000 | 20 BARRINGTON PARK |
30 Jan 2023 | £273,711 | £275,000 | 8 FIREFLY DRIVE |
27 Jan 2023 | £114,461 | £115,000 | 16 REAVLEY AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 Jan 2015. Using an estimated price of £207,524 means this house is valued at £2,470 per sq meter (£229 per sq foot).
The average size of a house on BARRINGTON PARK is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Barrington Park |
Mar 2024 | Public order | Under investigation | On or near Havelock Crescent |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Havelock Crescent |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brock Lane |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Brock Lane |