£90,123
This estimated value is based upon the latest sale price for the house of £39,950 on 31 Oct 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £39,950 | 31 Oct 2003 |
| £31,000 | 27 May 2003 |
| £14,150 | 2 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 727 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 2003 the House Price Index for NORTHUMBERLAND was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £39,950 results in an estimated price of approximately £90,123.
| 31 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £39,950 | £50,173 | £90,123 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | 88.456 % | £35,338 | £75,288 |
| 3 Month Average | 62.577 % | £24,999 | £64,949 |
| 6 Month Average | 57.360 % | £22,915 | £62,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £79,750 | £79,750 | 5 WAVERLEY COURT |
| 10 Nov 2023 | £65,667 | £64,000 | 8 WAVERLEY COURT |
| 31 Oct 2023 | £74,185 | £72,500 | 9 WAVERLEY COURT |
| 27 Oct 2023 | £40,878 | £39,950 | 12A ROTHESAY TERRACE |
| 13 Oct 2023 | £30,697 | £30,000 | 9 ROTHESAY TERRACE |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 11 Jan 2010. Using an estimated price of £90,124 means this house is valued at £1,333 per sq meter (£123 per sq foot).
The average size of a house on PIONEER TERRACE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wallington Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wallington Close |
| Sep 2024 | Anti-social behaviour | On or near Wallington Close | |
| Sep 2024 | Anti-social behaviour | On or near Wallington Close | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wallington Close |