£121,073
This estimated value is based upon the latest sale price for the house of £118,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£118,000 | 17 Nov 2023 |
£80,000 | 23 Dec 2015 |
£65,000 | 4 Dec 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 43 sq meters or 462 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 November 2023 the House Price Index for NORTHUMBERLAND was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £118,000 results in an estimated price of approximately £121,073.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £118,000 | £3,073 | £121,073 |
The Postcode Pricing Model uses changes in average sales price within the TD15 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 | -10.449 % | £-12,330 | £105,669 |
3 Month Average | 1.721 % | £2,030 | £120,030 |
6 Month Average | 5.849 % | £6,902 | £124,902 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £127,104 | £126,000 | 2 COLLEGE PLACE |
17 Nov 2023 | £121,073 | £118,000 | 53 LOW GREENS |
26 Oct 2023 | £279,344 | £273,000 | 3 PARADE SCHOOL MEWS |
17 Mar 2023 | £188,142 | £185,000 | 39 LOW GREENS |
22 Aug 2022 | £281,818 | £280,500 | 51F LOW GREENS |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 23 Sep 2015. Using an estimated price of £121,073 means this house is valued at £2,815 per sq meter (£261 per sq foot).
The average size of a house on LOW GREENS is 107 sq meters (1,157 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lord'S Mount |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Aug 2024 | Vehicle crime | Under investigation | On or near Hospital |