£760,334
This estimated value is based upon the latest sale price for the house of £619,950 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£619,950 | 22 Nov 2019 |
Detached |
Freehold |
Floor Area: 213 sq meters or 2,292 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 2019 the House Price Index for NORTHUMBERLAND was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £619,950 results in an estimated price of approximately £760,334.
22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £619,950 | £140,384 | £760,334 |
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 | 28.658 % | £177,666 | £797,616 |
3 Month Average | 27.399 % | £169,862 | £789,812 |
6 Month Average | 11.632 % | £72,110 | £692,060 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £835,685 | £825,000 | SUMMERSCOTT HOUSE EAST LANE END |
20 Jun 2023 | £248,004 | £245,000 | 12 NORTH LEECH |
30 Aug 2022 | £713,081 | £715,000 | GLENCROFT |
22 Jul 2022 | £701,889 | £700,000 | 15 OAKLAND PARK |
20 Jul 2022 | £606,633 | £605,000 | BEECH COTTAGE |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 14 Nov 2019. Using an estimated price of £760,335 means this house is valued at £3,569 per sq meter (£331 per sq foot).
The average size of a house on OAKLAND PARK is 215 sq meters (2,319 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near North Leech |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |