£340,780
This estimated value is based upon the latest sale price for the house of £290,500 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£290,500 | 30 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 2020 the House Price Index for NORTHUMBERLAND was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £290,500 results in an estimated price of approximately £340,780.
30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £290,500 | £50,280 | £340,780 |
The Postcode Pricing Model uses changes in average sales price within the NE68 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 | 66.596 % | £193,460 | £483,960 |
3 Month Average | -13.902 % | £-40,386 | £250,113 |
6 Month Average | 33.414 % | £97,067 | £387,567 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £172,202 | £170,000 | 11 BEECHCROFT |
8 Sep 2023 | £253,238 | £250,000 | 25 DUNSTAN VIEW |
24 Aug 2023 | £159,394 | £158,000 | 16 NORTH STREET |
14 Jul 2023 | £182,456 | £180,000 | 32 CRUMSTONE |
5 Apr 2023 | £151,633 | £150,000 | 9 CRUMSTONE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 27 Aug 2020. Using an estimated price of £340,781 means this house is valued at £2,793 per sq meter (£259 per sq foot).
There is one other house on the street which we know the size of, this is 1 BLACKSTONE LANE it is 119.0
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
Mar 2024 | Anti-social behaviour | On or near Crumstone | |
Mar 2024 | Anti-social behaviour | On or near Crumstone |