£199,381
This estimated value is based upon the latest sale price for the house of £162,500 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£162,500 | 30 Sep 2019 |
£190,000 | 29 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £162,500 results in an estimated price of approximately £199,381.
30 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £162,500 | £36,881 | £199,381 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | -7.687 % | £-12,490 | £150,009 |
3 Month Average | -21.663 % | £-35,202 | £127,297 |
6 Month Average | -15.138 % | £-24,599 | £137,900 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £147,500 | £147,500 | 8 BOWMAN DRIVE |
4 Sep 2023 | £278,562 | £275,000 | 2 ST ACCAS COURT |
17 Jul 2023 | £174,347 | £172,000 | 52 BOWMAN DRIVE |
21 Apr 2023 | £119,284 | £118,000 | 36 BOWMAN DRIVE |
4 Apr 2023 | £141,524 | £140,000 | 33 BOWMAN DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Apr 2019. Using an estimated price of £199,382 means this house is valued at £2,889 per sq meter (£268 per sq foot).
The average size of a house on BOWMAN DRIVE is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bowman Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Broadway Gardens |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Broadway Gardens |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burswell Villas |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Link |