£71,254
This estimated value is based upon the latest sale price for the house of £62,000 on 8 Jul 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£62,000 | 8 Jul 2021 |
£60,000 | 16 Aug 2017 |
£23,000 | 16 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 2021 the House Price Index for NORTHUMBERLAND was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £62,000 results in an estimated price of approximately £71,254.
8 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £62,000 | £9,254 | £71,254 |
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 | 76.101 % | £47,182 | £109,182 |
3 Month Average | 21.850 % | £13,547 | £75,547 |
6 Month Average | 6.516 % | £4,039 | £66,039 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £152,671 | £150,000 | 41 HAZELMERE CRESCENT |
20 Nov 2023 | £197,930 | £195,000 | 44 HAZELMERE CRESCENT |
27 Jul 2023 | £62,846 | £62,000 | 19 HUMSFORD GROVE |
21 Jul 2023 | £126,705 | £125,000 | 15 HUMSFORD GROVE |
18 Jul 2023 | £86,160 | £85,000 | 6 HICKSTEAD GROVE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 5 Aug 2013. Using an estimated price of £71,254 means this house is valued at £1,737 per sq meter (£161 per sq foot).
The average size of a house on HUMSFORD GROVE is 54 sq meters (584 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hazelmere Crescent |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hazelmere Crescent |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hazelmere Crescent |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Hazelmere Crescent |
Mar 2024 | Anti-social behaviour | On or near Bowmont Drive |