£151,445
This estimated value is based upon the latest sale price for the house of £103,000 on 11 May 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£103,000 | 11 May 2015 |
£84,000 | 12 Jul 2013 |
£39,500 | 18 Apr 2002 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 692 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 May 2015 the House Price Index for NORTHUMBERLAND was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £103,000 results in an estimated price of approximately £151,445.
11 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £103,000 | £48,445 | £151,445 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | -24.772 % | £-25,514 | £77,485 |
3 Month Average | 14.055 % | £14,476 | £117,476 |
6 Month Average | 31.815 % | £32,769 | £135,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Aug 2024 | £140,000 | £140,000 | 5 WESTFIELD AVENUE |
26 Mar 2024 | £132,536 | £130,500 | 11 CRISPIN ROAD |
9 Nov 2023 | £159,037 | £155,000 | 7 WESTFIELD AVENUE |
7 Jun 2023 | £372,464 | £365,000 | 19 NORTH ROAD |
1 Jun 2023 | £142,863 | £140,000 | 18 MAGDALENE DRIVE |
This house has a floor area of 64 sq meters or 692 sq feet when measured on 10 Mar 2010. Using an estimated price of £151,445 means this house is valued at £2,353 per sq meter (£218 per sq foot).
The average size of a house on WEST FIELD ROAD is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westfield Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westfield Road |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Westfield Road |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Westfield Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Westfield Avenue |