£209,079
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £170,000 | 12 Sep 2018 |
| £68,000 | 18 Aug 2000 |
| £69,950 | 27 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2018 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £170,000 results in an estimated price of approximately £209,079.
| 12 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £170,000 | £39,079 | £209,079 |
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 | 48.595 % | £82,611 | £252,611 |
| 3 Month Average | 6.793 % | £11,547 | £181,547 |
| 6 Month Average | 23.615 % | £40,145 | £210,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £151,432 | £150,000 | 7 HYLTON CLOSE |
| 15 Jun 2023 | £137,616 | £136,500 | 19 SKIPTON CLOSE |
| 19 Apr 2023 | £342,546 | £340,000 | 15 CONWAY CLOSE |
| 30 May 2022 | £347,414 | £342,250 | 3 CONWAY CLOSE |
| 21 Mar 2022 | £170,293 | £165,000 | 27 DOVER CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Apr 2018. Using an estimated price of £209,080 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on DOVER CLOSE is 131 sq meters (1,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Knaresborough Close |