£422,910
This estimated value is based upon the latest sale price for the house of £415,000 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£415,000 | 14 Apr 2023 |
£350,000 | 22 Jul 2019 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 April 2023 the House Price Index for NORTHUMBERLAND was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £415,000 results in an estimated price of approximately £422,910.
14 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £415,000 | £7,910 | £422,910 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 13.797 % | £57,259 | £472,259 |
3 Month Average | -3.196 % | £-13,261 | £401,738 |
6 Month Average | -13.900 % | £-57,685 | £357,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £254,765 | £250,000 | 16 BELLE VUE GARDENS |
14 Apr 2023 | £422,910 | £415,000 | 2 OLD SCHOOL CLOSE |
3 Feb 2023 | £219,969 | £218,500 | 2 LISBURN TERRACE |
21 Oct 2022 | £184,384 | £185,000 | 43 LISBURN STREET |
2 Sep 2022 | £179,880 | £180,000 | 15 BELLE VUE GARDENS |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 4 Jul 2019. Using an estimated price of £422,910 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on OLD SCHOOL CLOSE is 183 sq meters (1,976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Under investigation | On or near Lisburn Terrace |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lisburn Terrace |
May 2024 | Drugs | Under investigation | On or near Lisburn Terrace |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lisburn Terrace |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lisburn Terrace |