£229,103
This estimated value is based upon the latest sale price for the house of £189,950 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £189,950 | 26 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 2020 the House Price Index for NORTHUMBERLAND was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £189,950 results in an estimated price of approximately £229,103.
| 26 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £189,950 | £39,153 | £229,103 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -28.651 % | £-54,422 | £135,527 |
| 3 Month Average | 9.393 % | £17,842 | £207,792 |
| 6 Month Average | 26.863 % | £51,025 | £240,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £191,162 | £190,000 | 7 MAIDSTONE GARDENS |
| 26 Apr 2023 | £162,752 | £161,000 | 7 TURNBERRY MEWS |
| 26 Nov 2021 | £200,080 | £185,000 | 3 MERION GARDENS |
| 31 Mar 2021 | £158,618 | £142,500 | 2 MAIDSTONE GARDENS |
| 7 Oct 2020 | £170,097 | £145,000 | 4 MAIDSTONE GARDENS |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 27 Mar 2020. Using an estimated price of £230,032 means this house is valued at £2,017 per sq meter (£187 per sq foot).
The average size of a house on SEMINOLE LANE is 111 sq meters (1,200 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Merion Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Merion Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Merion Gardens | |
| Apr 2024 | Public order | Under investigation | On or near Catalunya Way |
| Apr 2024 | Anti-social behaviour | On or near Catalunya Way |