£165,268
This estimated value is based upon the latest sale price for the house of £43,500 on 28 Apr 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£43,500 | 28 Apr 2000 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2000 the House Price Index for NORTHUMBERLAND was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £43,500 results in an estimated price of approximately £165,268.
28 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.6 | 279.926 % | £43,500 | £121,768 | £165,268 |
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 | 139.853 % | £60,836 | £104,336 |
3 Month Average | 96.500 % | £41,977 | £85,477 |
6 Month Average | 165.987 % | £72,204 | £115,704 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £88,633 | £87,500 | 9 CHILLINGHAM CRESCENT |
21 Sep 2023 | £189,422 | £187,000 | 8 DARNLEY ROAD |
14 Sep 2023 | £81,036 | £80,000 | 12 OAKLAND TERRACE |
16 Jun 2023 | £207,514 | £205,000 | 13 DARNLEY ROAD |
17 Mar 2023 | £137,293 | £136,000 | 24 RUTLAND STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Dec 2014. Using an estimated price of £165,268 means this house is valued at £1,796 per sq meter (£166 per sq foot).
The average size of a house on RUTLAND STREET is 100 sq meters (1,077 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Rutland Street | |
Feb 2024 | Anti-social behaviour | On or near Rutland Street | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Kenilworth Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bamburgh Terrace |
Jan 2024 | Anti-social behaviour | On or near Bamburgh Terrace |