£222,169
This estimated value is based upon the latest sale price for the house of £41,750 on 18 Jul 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£41,750 | 18 Jul 1997 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 1997 the House Price Index for NORTHUMBERLAND was 19.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 432.143%.Applying this 432.143% change to the original purchase price of £41,750 results in an estimated price of approximately £222,169.
18 Jul 1997 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
19.6 | 104.3 | 432.143 % | £41,750 | £180,419 | £222,169 |
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 | 265.590 % | £110,883 | £152,633 |
3 Month Average | 315.666 % | £131,790 | £173,540 |
6 Month Average | 315.796 % | £131,844 | £173,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2025 | £455,000 | £455,000 | 30 GREEN BATT |
5 Dec 2024 | £188,792 | £183,000 | 1 PERCY STREET |
23 Oct 2024 | £235,483 | £226,000 | 1 LISBURN STREET |
15 Oct 2024 | £78,147 | £75,000 | 2 ANGEL LANE |
12 Dec 2023 | £198,718 | £185,000 | THE ROYAL AIR FORCES ASSOCIATION, 15 LISBURN STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 13 Apr 2016. Using an estimated price of £222,170 means this house is valued at £3,315 per sq meter (£308 per sq foot).
The average size of a house on THREE TUNS LANE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Anti-social behaviour | On or near Green Batt | |
Mar 2025 | Anti-social behaviour | On or near Green Batt |