£191,696
This estimated value is based upon the latest sale price for the house of £39,500 on 15 May 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£39,500 | 15 May 1998 |
Semi-Detached |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 May 1998 the House Price Index for NORTHUMBERLAND was 21.1.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 385.308%.Applying this 385.308% change to the original purchase price of £39,500 results in an estimated price of approximately £191,696.
15 May 1998 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
21.1 | 102.4 | 385.308 % | £39,500 | £152,196 | £191,696 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 298.918 % | £118,072 | £157,572 |
3 Month Average | 240.711 % | £95,080 | £134,580 |
6 Month Average | 241.837 % | £95,525 | £135,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2025 | £195,000 | £195,000 | 23 PECKET CLOSE |
10 Dec 2024 | £156,683 | £155,000 | 102 HAGGERSTON ROAD |
16 Sep 2024 | £168,273 | £164,000 | 108 HAGGERSTON ROAD |
27 Mar 2024 | £146,435 | £140,000 | 33 DRURIDGE CRESCENT |
15 Mar 2024 | £184,090 | £176,000 | 13 DRURIDGE CRESCENT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Nov 2014. Using an estimated price of £191,697 means this house is valued at £1,976 per sq meter (£183 per sq foot).
The average size of a house on DRURIDGE CRESCENT is 88 sq meters (953 sq feet).