£49,897
This estimated value is based upon the latest sale price for the house of £50,000 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £50,000 | 26 Jun 2023 |
| £55,000 | 22 Nov 2005 |
| £45,500 | 16 Jul 2004 |
| £35,500 | 10 Jun 2004 |
| £19,000 | 18 Feb 2002 |
| £20,000 | 3 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 June 2023 the House Price Index for NORTHUMBERLAND was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £50,000 results in an estimated price of approximately £49,897.
| 26 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £50,000 | £-102 | £49,897 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -8.394 % | £-4,197 | £45,802 |
| 3 Month Average | -4.187 % | £-2,093 | £47,906 |
| 6 Month Average | 2.780 % | £1,389 | £51,389 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 31 Mar 2018.
The average size of a house on SOMERSET CLOSE is 70 sq meters (763 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Dorset Close |
| Feb 2024 | Anti-social behaviour | On or near Hampshire Close | |
| Feb 2024 | Anti-social behaviour | On or near Hampshire Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devon Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devon Close |