£593,417
This estimated value is based upon the latest sale price for the house of £163,500 on 12 Dec 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£163,500 | 12 Dec 2000 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,622 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 December 2000 the House Price Index for NORTHUMBERLAND was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £163,500 results in an estimated price of approximately £593,417.
12 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 149.7 | 262.947 % | £163,500 | £429,917 | £593,417 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 132.240 % | £216,212 | £379,712 |
3 Month Average | 161.152 % | £263,483 | £426,983 |
6 Month Average | 184.504 % | £301,664 | £465,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £350,000 | £350,000 | 22 COLLINGWOOD DRIVE |
6 Dec 2023 | £376,571 | £365,000 | 7 COLLINGWOOD DRIVE |
28 Nov 2023 | £300,631 | £293,000 | 1 COLLINGWOOD DRIVE |
16 Nov 2023 | £436,069 | £425,000 | 34 COLLINGWOOD DRIVE |
19 Sep 2023 | £475,482 | £465,000 | 8 COULSON CLOSE |
This house has a floor area of 150 sq meters or 1,622 sq feet when measured on 4 Feb 2010. Using an estimated price of £593,418 means this house is valued at £3,937 per sq meter (£365 per sq foot).
There is one other house on the street which we know the size of, this is 2 PERCY CLOSE it is 192.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Ridley Close |
May 2024 | Anti-social behaviour | On or near Charlton Close | |
May 2024 | Anti-social behaviour | On or near Charlton Close | |
May 2024 | Anti-social behaviour | On or near Charlton Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Wydon Park |