£68,330
This estimated value is based upon the latest sale price for the house of £39,950 on 1 Oct 2012. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£39,950 | 1 Oct 2012 |
£24,000 | 23 Apr 1999 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 920 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 October 2012 the House Price Index for NORTHUMBERLAND was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £39,950 results in an estimated price of approximately £68,330.
1 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £39,950 | £28,380 | £68,330 |
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 | 0.298 % | £119 | £40,069 |
3 Month Average | 1.199 % | £478 | £40,428 |
6 Month Average | -4.168 % | £-1,664 | £38,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jun 2024 | £69,450 | £69,450 | 144 ARIEL STREET |
24 Apr 2024 | £32,785 | £32,500 | 162 ARIEL STREET |
15 Mar 2024 | £78,810 | £77,599 | 196 ARIEL STREET |
1 Mar 2024 | £40,624 | £40,000 | 205 ALEXANDRA ROAD |
18 Dec 2023 | £72,219 | £70,000 | 160 ARIEL STREET |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 29 Feb 2012. Using an estimated price of £68,330 means this house is valued at £799 per sq meter (£74 per sq foot).
The average size of a house on ALEXANDRA ROAD is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Ariel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ariel Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Ariel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ariel Street |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ariel Street |