£289,787
This estimated value is based upon the latest sale price for the house of £86,750 on 23 Aug 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£86,750 | 23 Aug 2001 |
£81,000 | 14 Apr 2000 |
£68,000 | 30 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 August 2001 the House Price Index for NORTHUMBERLAND was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £86,750 results in an estimated price of approximately £289,787.
23 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 149.7 | 234.049 % | £86,750 | £203,037 | £289,787 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | 152.277 % | £132,100 | £218,850 |
3 Month Average | 178.339 % | £154,709 | £241,459 |
6 Month Average | 184.382 % | £159,951 | £246,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £60,021 | £59,500 | 1 ST JAMES LANE |
26 Oct 2023 | £127,393 | £124,500 | 5 HILTON PLACE |
31 Aug 2023 | £132,388 | £130,000 | PINE RIDGE GARDEN TERRACE |
5 Jun 2023 | £91,840 | £90,000 | 4 CENTRAL PLACE |
28 Apr 2023 | £91,715 | £90,000 | 9 FAIRFIELD PARK |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 27 Jun 2012. Using an estimated price of £289,787 means this house is valued at £2,336 per sq meter (£217 per sq foot).
The average size of a house on FAIRFIELD PARK is 89 sq meters (962 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Awaiting court outcome | On or near Fairfield Park |
Jul 2024 | Public order | Awaiting court outcome | On or near Fairfield Park |
May 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Park |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Park |
May 2024 | Criminal damage and arson | Under investigation | On or near Orchard Gardens |