£114,365
This estimated value is based upon the latest sale price for the house of £87,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £87,000 | 11 Jul 2016 |
| £65,000 | 11 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 July 2016 the House Price Index for NORTHUMBERLAND was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £87,000 results in an estimated price of approximately £114,365.
| 11 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £87,000 | £27,365 | £114,365 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 49.951 % | £43,457 | £130,457 |
| 3 Month Average | 12.520 % | £10,892 | £97,892 |
| 6 Month Average | 17.242 % | £15,000 | £102,000 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 May 2015.
The average size of a house on RYAL CLOSE is 97 sq meters (1,049 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bothal Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bothal Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Budle Close |
| Jan 2024 | Anti-social behaviour | On or near Ingoe Close | |
| Jan 2024 | Anti-social behaviour | On or near Ingoe Close |