£136,549
This estimated value is based upon the latest sale price for the house of £99,500 on 28 Jan 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£99,500 | 28 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 January 2016 the House Price Index for NORTHUMBERLAND was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £99,500 results in an estimated price of approximately £136,549.
28 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £99,500 | £37,049 | £136,549 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -5.333 % | £-5,306 | £94,193 |
3 Month Average | -15.826 % | £-15,747 | £83,752 |
6 Month Average | -3.688 % | £-3,669 | £95,830 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £127,226 | £125,000 | 29 MILTON GROVE |
22 Aug 2023 | £83,733 | £83,000 | 14 LEABURN TERRACE |
7 Jul 2023 | £187,524 | £185,000 | 5 EDGEWELL GRANGE |
31 Mar 2023 | £201,902 | £200,000 | 20 EDGEWELL ROAD |
24 Feb 2023 | £76,049 | £76,100 | 48 MILTON GROVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Oct 2015. Using an estimated price of £136,549 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on MILTON GROVE is 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Edgewell Road | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near West Road |
Dec 2023 | Anti-social behaviour | On or near Edgewell Court | |
Dec 2023 | Anti-social behaviour | On or near Edgewell Court | |
Dec 2023 | Anti-social behaviour | On or near Edgewell Court |