£389,610
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£225,000 | 20 Jan 2012 |
£145,000 | 6 Dec 2002 |
£88,950 | 19 Mar 1999 |
Detached |
Freehold |
Floor Area: 136 sq meters or 1,472 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 January 2012 the House Price Index for NORTHUMBERLAND was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £225,000 results in an estimated price of approximately £389,610.
20 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 73.160 % | £225,000 | £164,610 | £389,610 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 60.161 % | £135,361 | £360,361 |
3 Month Average | 52.536 % | £118,205 | £343,205 |
6 Month Average | 32.917 % | £74,063 | £299,063 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £233,938 | £228,000 | 169 ALLERBURN LEA |
21 Sep 2023 | £306,865 | £300,100 | 166 ALLERBURN LEA |
18 Aug 2023 | £371,704 | £365,000 | 94 ALLERBURN LEA |
10 Jul 2020 | £328,292 | £269,500 | 184 ALLERBURN LEA |
21 Feb 2020 | £301,974 | £245,000 | 121 ALLERBURN LEA |
This house has a floor area of 136 sq meters or 1,472 sq feet when measured on 13 Jun 2011. Using an estimated price of £389,611 means this house is valued at £2,847 per sq meter (£264 per sq foot).
The average size of a house on ALLERBURN LEA is 119 sq meters (1,288 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Springfield Meadow |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Springfield Meadow |
Jul 2024 | Criminal damage and arson | Awaiting court outcome | On or near Ravensmede |
Jun 2024 | Anti-social behaviour | On or near Ravensmede | |
Jun 2024 | Anti-social behaviour | On or near Ravensmede |