£333,892
This estimated value is based upon the latest sale price for the house of £210,000 on 8 May 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£210,000 | 8 May 2008 |
£160,000 | 31 May 2006 |
£68,000 | 22 Sep 1995 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2008 the House Price Index for NORTHUMBERLAND was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £210,000 results in an estimated price of approximately £333,892.
8 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £210,000 | £123,892 | £333,892 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 40.981 % | £86,059 | £296,059 |
3 Month Average | 5.282 % | £11,092 | £221,092 |
6 Month Average | 13.637 % | £28,637 | £238,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £229,007 | £225,000 | 11 GREEN ACRES |
3 Nov 2023 | £152,254 | £150,000 | 39 SPELVIT LANE |
14 Apr 2023 | £217,340 | £215,000 | 12 MAYFIELD |
28 Mar 2023 | £208,969 | £207,000 | 47 SPELVIT LANE |
24 Mar 2023 | £282,663 | £280,000 | 11 SPRINGHILL WALK |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 22 Mar 2018. Using an estimated price of £333,892 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on GREEN ACRES is 95 sq meters (1,029 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highford Gardens |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Downing Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Downing Drive |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Downing Drive |