£118,108
This estimated value is based upon the latest sale price for the house of £92,500 on 5 Sep 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£92,500 | 5 Sep 2017 |
Leasehold |
Floor Area: 66 sq meters or 715 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 2017 the House Price Index for NORTHUMBERLAND was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £92,500 results in an estimated price of approximately £118,108.
5 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £92,500 | £25,608 | £118,108 |
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 | 34.365 % | £31,787 | £124,287 |
3 Month Average | 38.570 % | £35,677 | £128,177 |
6 Month Average | 26.625 % | £24,628 | £117,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jun 2024 | £200,000 | £200,000 | 12 MARKET STREET |
2 Apr 2024 | £249,668 | £247,500 | YULE HOUSE, 16A NARROWGATE |
13 Sep 2023 | £282,733 | £276,500 | 5 MARKET STREET |
2 Aug 2023 | £152,755 | £150,000 | 26 FENKLE STREET |
30 Jun 2023 | £76,534 | £75,000 | 20 NARROWGATE |
This house has a floor area of 66 sq meters or 715 sq feet when measured on 11 Jun 2009. Using an estimated price of £118,108 means this house is valued at £1,777 per sq meter (£165 per sq foot).
The average size of a house on FENKLE STREET is 134 sq meters (1,444 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (715 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Paikes Street | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paikes Street |
May 2024 | Anti-social behaviour | On or near Paikes Street | |
May 2024 | Anti-social behaviour | On or near Paikes Street | |
Apr 2024 | Public order | Under investigation | On or near Paikes Street |