£232,132
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£225,000 | 8 Dec 2023 |
£168,000 | 9 Dec 2011 |
£180,000 | 4 Sep 2006 |
£155,000 | 9 Nov 2004 |
£96,000 | 16 Dec 2002 |
£66,811 | 9 Mar 2001 |
£51,500 | 27 Nov 1997 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 December 2023 the House Price Index for NORTHUMBERLAND was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £225,000 results in an estimated price of approximately £232,132.
8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £225,000 | £7,132 | £232,132 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 359.560 % | £809,010 | £1,034,010 |
3 Month Average | 65.592 % | £147,581 | £372,581 |
6 Month Average | 13.143 % | £29,571 | £254,571 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £190,865 | £185,000 | THE ROYAL AIR FORCES ASSOCIATION, 15 LISBURN STREET |
8 Dec 2023 | £232,133 | £225,000 | 35 UPPER HOWICK STREET |
5 Dec 2023 | £262,052 | £254,000 | 3 HOWICK STREET |
21 Aug 2023 | £239,825 | £235,500 | 5 ARMSTRONG PLACE |
25 Jan 2023 | £90,241 | £90,000 | 4 LISBURN STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 28 Jun 2011. Using an estimated price of £232,133 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on UPPER HOWICK STREET is 127 sq meters (1,369 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Lisburn Street |