£65,631
This estimated value is based upon the latest sale price for the house of £53,500 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£53,500 | 18 Dec 2019 |
£30,000 | 3 Jul 2019 |
£24,000 | 20 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £53,500 results in an estimated price of approximately £65,631.
18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £53,500 | £12,131 | £65,631 |
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 | 29.271 % | £15,659 | £69,159 |
3 Month Average | 27.957 % | £14,957 | £68,457 |
6 Month Average | 7.333 % | £3,923 | £57,423 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £177,267 | £175,000 | 99 LANGDALE DRIVE |
31 Jul 2023 | £172,319 | £170,000 | 131 LANGDALE DRIVE |
3 Apr 2023 | £109,176 | £108,000 | 40 LONGRIDGE WAY |
28 Feb 2023 | £58,461 | £58,500 | 33 LINSLADE WALK |
12 Aug 2022 | £103,721 | £104,000 | 22 LEVENS WALK |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 22 Jan 2014. Using an estimated price of £65,632 means this house is valued at £1,426 per sq meter (£132 per sq foot).
The average size of a house on LONGRIDGE WAY is 83 sq meters (902 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Longridge Way | |
Jan 2024 | Anti-social behaviour | On or near Longridge Way | |
Jan 2024 | Anti-social behaviour | On or near Longridge Way | |
Jan 2024 | Anti-social behaviour | On or near Longridge Way | |
Jan 2024 | Anti-social behaviour | On or near Longridge Way |