£68,528
This estimated value is based upon the latest sale price for the house of £40,000 on 24 Apr 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£40,000 | 24 Apr 2011 |
£89,000 | 12 Jan 2004 |
£76,000 | 11 Aug 2003 |
£56,500 | 18 Oct 2002 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 881 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 2011 the House Price Index for NORTHUMBERLAND was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £40,000 results in an estimated price of approximately £68,528.
24 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £40,000 | £28,528 | £68,528 |
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 | -32.885 % | £-13,154 | £26,845 |
3 Month Average | 8.724 % | £3,489 | £43,489 |
6 Month Average | 17.735 % | £7,093 | £47,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £136,191 | £135,000 | 18A ARUNDEL SQUARE |
30 Mar 2023 | £65,618 | £65,000 | 31 ELSDON DRIVE |
18 Nov 2022 | £61,258 | £62,000 | 51 ELSDON DRIVE |
15 Jul 2022 | £158,426 | £158,000 | 45 PARK ROAD |
19 Apr 2022 | £97,831 | £95,000 | 41 PARK ROAD |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 20 Oct 2009. Using an estimated price of £68,528 means this house is valued at £836 per sq meter (£77 per sq foot).
The average size of a house on ARUNDEL SQUARE is 101 sq meters (1,092 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ashbourne Crescent |
Feb 2024 | Other crime | Under investigation | On or near Ashbourne Crescent |
Feb 2024 | Public order | Awaiting court outcome | On or near Ashbourne Crescent |
Jan 2024 | Other crime | Under investigation | On or near Ashbourne Crescent |
Jan 2024 | Public order | Under investigation | On or near Park Road |