£228,160
This estimated value is based upon the latest sale price for the house of £174,000 on 19 Dec 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £174,000 | 19 Dec 2016 |
| £205,000 | 9 Sep 2016 |
| £194,025 | 19 Apr 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for NORTHUMBERLAND was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £174,000 results in an estimated price of approximately £228,160.
| 19 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £174,000 | £54,160 | £228,160 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 43.605 % | £75,872 | £249,872 |
| 3 Month Average | 1.803 % | £3,136 | £177,136 |
| 6 Month Average | 6.464 % | £11,247 | £185,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £86,514 | £85,000 | 17 TURNER SQUARE |
| 25 Aug 2023 | £82,724 | £82,000 | 72 FOURTH AVENUE |
| 21 Jul 2023 | £131,774 | £130,000 | 1 NINTH AVENUE |
| 16 Aug 2022 | £94,745 | £95,000 | 13 TURNER SQUARE |
| 29 Jul 2022 | £5,698 | £5,683 | 23 TURNER SQUARE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Apr 2011. Using an estimated price of £228,160 means this house is valued at £2,452 per sq meter (£227 per sq foot).
The average size of a house on TURNER SQUARE is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Turner Square |
| Jan 2024 | Anti-social behaviour | On or near Turner Square | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Turner Square |
| Jan 2024 | Anti-social behaviour | On or near Turner Square | |
| Jan 2024 | Anti-social behaviour | On or near Turner Square |