£332,606
This estimated value is based upon the latest sale price for the house of £182,500 on 19 Oct 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£182,500 | 19 Oct 2005 |
£79,950 | 4 May 2001 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 October 2005 the House Price Index for NORTHUMBERLAND was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £182,500 results in an estimated price of approximately £332,606.
19 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £182,500 | £150,106 | £332,606 |
The Postcode Pricing Model uses changes in average sales price within the NE70 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 | -20.788 % | £-37,938 | £144,561 |
3 Month Average | -14.818 % | £-27,042 | £155,457 |
6 Month Average | 50.581 % | £92,310 | £274,810 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £131,684 | £130,000 | 10 DINNINGSIDE |
9 Jun 2023 | £127,545 | £126,000 | 50 DINNINGSIDE |
10 Feb 2023 | £109,926 | £110,000 | 8 CORONATION CRESCENT |
29 Jul 2022 | £125,337 | £125,000 | 40 DINNINGSIDE |
22 Jul 2022 | £346,934 | £346,000 | 15 CROFT WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Mar 2015. Using an estimated price of £332,607 means this house is valued at £3,464 per sq meter (£321 per sq foot).
The average size of a house on CROFT WAY is 104 sq meters (1,123 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cushat Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cushat Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Crescent |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Coronation Crescent |