£69,729
This estimated value is based upon the latest sale price for the house of £64,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £64,000 | 26 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2021 the House Price Index for NORTHUMBERLAND was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £64,000 results in an estimated price of approximately £69,729.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £64,000 | £5,729 | £69,729 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 70.794 % | £45,308 | £109,308 |
| 3 Month Average | 7.845 % | £5,020 | £69,020 |
| 6 Month Average | 14.718 % | £9,419 | £73,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £50,000 | £50,000 | 20 REGENT COURT |
| 15 Dec 2023 | £77,378 | £75,000 | 24 LYNN STREET |
| 14 Dec 2023 | £69,640 | £67,500 | 4 - 6 LYNN STREET |
| 26 Oct 2023 | £71,627 | £70,000 | 9 REGENT COURT |
| 16 Oct 2023 | £86,975 | £85,000 | 2 LYNN STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Jul 2021. Using an estimated price of £69,729 means this house is valued at £1,267 per sq meter (£117 per sq foot).
The average size of a house on REGENT COURT is 61 sq meters (659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Renwick Road | |
| Aug 2024 | Anti-social behaviour | On or near Renwick Road | |
| Jul 2024 | Anti-social behaviour | On or near Renwick Road | |
| Jul 2024 | Anti-social behaviour | On or near Renwick Road | |
| Jul 2024 | Anti-social behaviour | On or near Renwick Road |