£236,856
This estimated value is based upon the latest sale price for the house of £145,950 on 27 Sep 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£145,950 | 27 Sep 2013 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 2013 the House Price Index for NORTHUMBERLAND was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.286%.Applying this 62.286% change to the original purchase price of £145,950 results in an estimated price of approximately £236,856.
27 Sep 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 146.7 | 62.286 % | £145,950 | £90,906 | £236,856 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 60.653 % | £88,522 | £234,472 |
3 Month Average | 11.228 % | £16,386 | £162,336 |
6 Month Average | 19.829 % | £28,939 | £174,889 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Apr 2015.
The average size of a house on OBERON WAY is 100 sq meters (1,081 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Oberon Way |
Feb 2024 | Drugs | Awaiting court outcome | On or near Oberon Way |
Jan 2024 | Anti-social behaviour | On or near Oberon Way | |
Jan 2024 | Anti-social behaviour | On or near Oberon Way | |
Jan 2024 | Other crime | Under investigation | On or near Oberon Way |