£162,774
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£125,000 | 7 Apr 2017 |
£100,000 | 6 Feb 2015 |
Semi-Detached |
Freehold |
Floor Area: 48 sq meters or 518 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £125,000 results in an estimated price of approximately £162,774.
7 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £125,000 | £37,774 | £162,774 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | 18.129 % | £22,660 | £147,660 |
3 Month Average | 36.581 % | £45,725 | £170,725 |
6 Month Average | 35.465 % | £44,331 | £169,331 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £160,000 | £160,000 | 4 WOODHEAD VILLAS |
24 Aug 2023 | £162,939 | £160,000 | 19 NEWHOLME AVENUE |
21 Apr 2023 | £66,239 | £65,000 | 2 WOODHEAD LANE |
27 Mar 2023 | £152,497 | £149,950 | 17 GIBSON CLOSE |
17 Mar 2023 | £76,274 | £75,000 | 14 WOODHEAD LANE |
This house has a floor area of 48 sq meters or 518 sq feet when measured on 16 Nov 2011. Using an estimated price of £162,774 means this house is valued at £3,378 per sq meter (£313 per sq foot).
The average size of a house on WOODHEAD VILLAS is 117 sq meters (1,266 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (518 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Under investigation | On or near Woodhead Court |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Woodhead Court |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Woodhead Court |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Combhill Terrace |
Sep 2024 | Anti-social behaviour | On or near Combhill Terrace |