£43,798
This estimated value is based upon the latest sale price for the house of £34,950 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £34,950 | 2 Mar 2018 |
| £23,700 | 15 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 March 2018 the House Price Index for NORTHUMBERLAND was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £34,950 results in an estimated price of approximately £43,798.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £34,950 | £8,848 | £43,798 |
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 | -4.197 % | £-1,466 | £33,483 |
| 3 Month Average | 38.828 % | £13,570 | £48,520 |
| 6 Month Average | 43.261 % | £15,119 | £50,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £111,653 | £110,000 | 25 TINDALE AVENUE |
| 15 Sep 2023 | £187,396 | £185,000 | 45 PORCHESTER DRIVE |
| 17 Apr 2023 | £108,670 | £107,500 | 21 THIRSTON DRIVE |
| 24 Feb 2023 | £114,923 | £115,000 | 33 TINDALE AVENUE |
| 29 Nov 2022 | £125,480 | £127,000 | 26 TANGMERE CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Dec 2021. Using an estimated price of £43,798 means this house is valued at £768 per sq meter (£71 per sq foot).
The average size of a house on TANGMERE CLOSE is 92 sq meters (999 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tangmere Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tangmere Close |
| Feb 2024 | Other crime | Under investigation | On or near Tangmere Close |
| Feb 2024 | Other crime | Under investigation | On or near Tangmere Close |
| Feb 2024 | Anti-social behaviour | On or near Tangmere Close |