£170,108
This estimated value is based upon the latest sale price for the house of £132,950 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Kershope Lane
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Price Paid | Date |
---|---|
£132,950 | 31 Aug 2017 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 August 2017 the House Price Index for NORTHUMBERLAND was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £132,950 results in an estimated price of approximately £170,108.
31 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £132,950 | £37,158 | £170,108 |
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 | 90.545 % | £120,379 | £253,329 |
3 Month Average | 33.558 % | £44,615 | £177,565 |
6 Month Average | 28.192 % | £37,480 | £170,430 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £203,121 | £200,000 | 91 HAGGERSTON ROAD |
8 Sep 2023 | £214,734 | £210,000 | 11 SHILLHOPE DRIVE |
4 Aug 2023 | £173,072 | £169,950 | 11 KERSHOPE LANE |
17 Mar 2023 | £152,548 | £150,000 | 20 BISHOPDALE AVENUE |
27 Feb 2023 | £216,446 | £215,000 | 19 SHILLHOPE DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Aug 2017. Using an estimated price of £170,108 means this house is valued at £2,001 per sq meter (£185 per sq foot).
The average size of a house on KERSHOPE LANE is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Kershope Lane | |
Sep 2024 | Burglary | Under investigation | On or near Kershope Lane |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Kershope Lane |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shillhope Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Castledale Avenue |