£63,909
This estimated value is based upon the latest sale price for the house of £50,000 on 20 Jan 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£50,000 | 20 Jan 2020 |
£21,500 | 19 Aug 2015 |
£41,500 | 9 Jun 2015 |
£30,000 | 13 May 2015 |
£35,000 | 26 Mar 2004 |
£21,000 | 19 Apr 1996 |
Terraced |
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 January 2020 the House Price Index for NORTHUMBERLAND was 81.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 27.819%.Applying this 27.819% change to the original purchase price of £50,000 results in an estimated price of approximately £63,909.
20 Jan 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.6 | 104.3 | 27.819 % | £50,000 | £13,909 | £63,909 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -11.695 % | £-5,847 | £44,152 |
3 Month Average | 29.985 % | £14,992 | £64,992 |
6 Month Average | 15.563 % | £7,781 | £57,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Dec 2024 | £54,678 | £53,000 | 253 SYCAMORE STREET |
18 Oct 2024 | £32,301 | £31,000 | 241 SYCAMORE STREET |
1 Dec 2023 | £68,209 | £63,500 | 270 MAPLE STREET |
26 May 2023 | £60,365 | £56,950 | 266 SYCAMORE STREET |
10 Mar 2023 | £71,330 | £67,500 | 255 SYCAMORE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Apr 2018. Using an estimated price of £63,909 means this house is valued at £863 per sq meter (£80 per sq foot).
The average size of a house on SYCAMORE STREET is 79 sq meters (853 sq feet).