£280,715
This estimated value is based upon the latest sale price for the house of £166,950 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£166,950 | 29 Sep 2006 |
£55,500 | 30 Apr 1998 |
Terraced |
Leasehold |
Floor Area: 103 sq meters or 1,108 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 September 2006 the House Price Index for NORTHUMBERLAND was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £166,950 results in an estimated price of approximately £280,715.
29 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 146.7 | 68.143 % | £166,950 | £113,765 | £280,715 |
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 | 24.209 % | £40,417 | £207,367 |
3 Month Average | 34.676 % | £57,891 | £224,841 |
6 Month Average | 16.802 % | £28,051 | £195,001 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 May 2015.
The average size of a house on GRINDON CLOSE is 98 sq meters (1,061 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grindon Close |
Mar 2024 | Anti-social behaviour | On or near Greystoke Place | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Romford Close |
Jan 2024 | Bicycle theft | Under investigation | On or near Dudley Lane |
Mar 2024 | Anti-social behaviour | On or near Latton Close |