£143,356
This estimated value is based upon the latest sale price for the house of £142,000 on 14 Jul 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £142,000 | 14 Jul 2023 |
| £130,000 | 16 Jul 2021 |
| £122,000 | 18 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2023 the House Price Index for NORTHUMBERLAND was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £142,000 results in an estimated price of approximately £143,356.
| 14 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £142,000 | £1,356 | £143,356 |
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 | -21.709 % | £-30,826 | £111,173 |
| 3 Month Average | -10.162 % | £-14,430 | £127,569 |
| 6 Month Average | 8.585 % | £12,191 | £154,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £121,561 | £120,000 | 35 DRYBECK COURT |
| 14 Jul 2023 | £143,356 | £142,000 | 8 AXMINSTER CLOSE |
| 15 Mar 2023 | £73,397 | £73,000 | 5 CADLESTONE COURT |
| 22 Jul 2022 | £137,814 | £138,000 | 18 DRYBECK COURT |
| 16 Jun 2022 | £95,973 | £95,000 | 54 ALDERLEY WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Sep 2018. Using an estimated price of £143,356 means this house is valued at £1,592 per sq meter (£147 per sq foot).
The average size of a house on AXMINSTER CLOSE is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Axminster Close | |
| Feb 2024 | Anti-social behaviour | On or near Axminster Close | |
| Feb 2024 | Anti-social behaviour | On or near Axminster Close | |
| Jan 2024 | Anti-social behaviour | On or near Axminster Close | |
| Jan 2024 | Anti-social behaviour | On or near Axminster Close |