£281,327
This estimated value is based upon the latest sale price for the house of £199,950 on 2 Oct 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£199,950 | 2 Oct 2015 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 October 2015 the House Price Index for NORTHUMBERLAND was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £199,950 results in an estimated price of approximately £281,327.
2 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £199,950 | £81,377 | £281,327 |
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 | -11.047 % | £-22,088 | £177,861 |
3 Month Average | -8.457 % | £-16,910 | £183,039 |
6 Month Average | 15.340 % | £30,671 | £230,621 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £152,671 | £150,000 | 2 WINGATE WAY |
14 Nov 2023 | £206,051 | £203,000 | 7 LONGHORSLEY GREEN |
1 Aug 2023 | £211,853 | £210,000 | 13 KIRKHARLE CRESCENT |
6 Jul 2023 | £228,070 | £225,000 | 20 WINGATE WAY |
4 Jan 2023 | £154,273 | £155,000 | 50 KIRKHARLE CRESCENT |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 7 Aug 2015. Using an estimated price of £281,327 means this house is valued at £2,446 per sq meter (£227 per sq foot).
The average size of a house on POWBURN PLACE is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alnmouth Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Longhorsley Green |
Mar 2024 | Anti-social behaviour | On or near Belford Meadows | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belford Meadows |
Mar 2024 | Anti-social behaviour | On or near Belford Meadows |