£212,997
This estimated value is based upon the latest sale price for the house of £192,500 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£192,500 | 29 Oct 2021 |
£189,995 | 29 Jul 2016 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 October 2021 the House Price Index for NORTHUMBERLAND was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £192,500 results in an estimated price of approximately £212,997.
29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £192,500 | £20,497 | £212,997 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -14.897 % | £-28,677 | £163,822 |
3 Month Average | 34.143 % | £65,725 | £258,225 |
6 Month Average | 25.467 % | £49,024 | £241,524 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £126,103 | £125,000 | 95 ARCOT AVENUE |
27 Jun 2023 | £115,398 | £114,000 | 120 ARCOT AVENUE |
26 Aug 2022 | £197,967 | £198,500 | 6 TAVERN CLOSE |
18 Jul 2022 | £285,769 | £285,000 | 23 STROTHER WAY |
13 Jun 2022 | £344,874 | £340,000 | 4 STROTHER WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Jul 2016. Using an estimated price of £212,997 means this house is valued at £2,420 per sq meter (£224 per sq foot).
The average size of a house on STROTHER WAY is 116 sq meters (1,256 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Strother Way |
Mar 2024 | Other crime | Under investigation | On or near Tavern Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burdon Avenue |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burdon Avenue |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burdon Avenue |