£152,671
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£150,000 | 20 Dec 2023 |
£120,000 | 9 Oct 2020 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 December 2023 the House Price Index for NORTHUMBERLAND was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £150,000 results in an estimated price of approximately £152,671.
20 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £150,000 | £2,671 | £152,671 |
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 | -56.081 % | £-84,121 | £65,878 |
3 Month Average | -17.270 % | £-25,904 | £124,095 |
6 Month Average | 1.710 % | £2,564 | £152,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £152,671 | £150,000 | 2 WINGATE WAY |
4 Aug 2023 | £141,236 | £140,000 | 8 WHALTON GROVE |
28 Jul 2023 | £126,705 | £125,000 | 19 WINGATE WAY |
6 Jul 2023 | £228,070 | £225,000 | 20 WINGATE WAY |
30 Jun 2023 | £128,557 | £127,000 | 33 WINGATE WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Dec 2015. Using an estimated price of £152,671 means this house is valued at £2,035 per sq meter (£189 per sq foot).
The average size of a house on WINGATE WAY is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Belford Meadows |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Belford Meadows |
Mar 2024 | Anti-social behaviour | On or near Belford Meadows | |
Mar 2024 | Anti-social behaviour | On or near Belford Meadows | |
Mar 2024 | Anti-social behaviour | On or near Belford Meadows |