£181,770
This estimated value is based upon the latest sale price for the house of £157,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Biverfield Road
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Price Paid | Date |
---|---|
£157,000 | 30 Jul 2021 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 July 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £157,000 results in an estimated price of approximately £181,770.
30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £157,000 | £24,770 | £181,770 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 44.227 % | £69,436 | £226,436 |
3 Month Average | 10.409 % | £16,341 | £173,341 |
6 Month Average | 1.589 % | £2,494 | £159,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £100,000 | £100,000 | 3 THE CLOSE |
18 Apr 2024 | £87,006 | £86,250 | 20 THE MANORS ADDERLANE ROAD |
22 Mar 2024 | £87,596 | £86,250 | 14 THE MANORS ADDERLANE ROAD |
20 Dec 2023 | £87,695 | £85,000 | 15 THE MANORS ADDERLANE ROAD |
2 Oct 2023 | £109,998 | £107,500 | 71 REDWELL ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 18 May 2015. Using an estimated price of £181,770 means this house is valued at £1,873 per sq meter (£174 per sq foot).
The average size of a house on LOW CLOSE is 90 sq meters (976 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Under investigation | On or near Biverfield Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Biverfield Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Biverfield Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Biverfield Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Biverfield Road |