£282,013
This estimated value is based upon the latest sale price for the house of £139,950 on 6 May 2004. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£139,950 | 6 May 2004 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2004 the House Price Index for NORTHUMBERLAND was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £139,950 results in an estimated price of approximately £282,013.
6 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £139,950 | £142,063 | £282,013 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 440.442 % | £616,398 | £756,348 |
3 Month Average | 75.283 % | £105,358 | £245,308 |
6 Month Average | 49.818 % | £69,720 | £209,670 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £319,297 | £315,000 | VALLEY VIEW HAGG BANK |
7 Jul 2022 | £814,192 | £812,000 | STONE CUTTERS CHURCH ROAD |
14 Jun 2022 | £532,526 | £525,000 | 7 THE ORCHARD |
12 Jan 2022 | £531,466 | £505,000 | 12 THOMAS CLOSE |
10 Nov 2021 | £421,790 | £390,000 | 40 WOODCROFT ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Nov 2019. Using an estimated price of £282,013 means this house is valued at £2,660 per sq meter (£247 per sq foot).
The average size of a house on HAGG BANK is 134 sq meters (1,449 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Front Street | |
Jan 2024 | Anti-social behaviour | On or near Front Street | |
Jan 2024 | Anti-social behaviour | On or near Front Street |