£189,535
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£125,000 | 12 Sep 2014 |
£60,000 | 18 Nov 2011 |
Terraced |
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 September 2014 the House Price Index for NORTHUMBERLAND was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £125,000 results in an estimated price of approximately £189,535.
12 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £125,000 | £64,535 | £189,535 |
The Postcode Pricing Model uses changes in average sales price within the NE64 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 | 193.071 % | £241,338 | £366,338 |
3 Month Average | 49.303 % | £61,628 | £186,628 |
6 Month Average | 62.039 % | £77,548 | £202,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £112,556 | £110,000 | 15 MOOR CROFT |
15 Sep 2023 | £71,578 | £70,000 | 14 MAUDS TERRACE |
1 Sep 2023 | £449,918 | £440,000 | SEA VIEW HOUSE PROMENADE |
24 Aug 2023 | £272,922 | £268,000 | 4 BAY VIEW EAST |
24 Feb 2023 | £145,975 | £145,000 | 18 VERNON PLACE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 4 Feb 2014. Using an estimated price of £189,535 means this house is valued at £1,648 per sq meter (£153 per sq foot).
The average size of a house on VERNON PLACE is 131 sq meters (1,413 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
Jul 2024 | Anti-social behaviour | On or near Supermarket | |
Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |