£154,182
This estimated value is based upon the latest sale price for the house of £151,900 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£151,900 | 3 Nov 2023 |
£110,995 | 31 Mar 2017 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 November 2023 the House Price Index for NORTHUMBERLAND was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £151,900 results in an estimated price of approximately £154,182.
3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £151,900 | £2,282 | £154,182 |
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 | -19.588 % | £-29,754 | £122,145 |
3 Month Average | 4.303 % | £6,536 | £158,436 |
6 Month Average | -8.987 % | £-13,651 | £138,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £154,183 | £151,900 | 3 CORDWAINERS |
20 Jul 2022 | £355,958 | £355,000 | 1 COOPER WAY |
20 Jun 2022 | £228,225 | £225,000 | 24 CORDWAINERS |
17 Jun 2022 | £172,437 | £170,000 | 2 WEAVERS ROAD |
31 May 2022 | £297,608 | £292,000 | 6 DYERS WAY |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Mar 2017. Using an estimated price of £154,183 means this house is valued at £2,447 per sq meter (£227 per sq foot).
The average size of a house on CORDWAINERS is 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cordwainers |
Feb 2024 | Anti-social behaviour | On or near Catchburn Close | |
Feb 2024 | Anti-social behaviour | On or near Catchburn Close | |
Feb 2024 | Anti-social behaviour | On or near Catchburn Close | |
Jan 2024 | Anti-social behaviour | On or near Catchburn Close |