£196,532
This estimated value is based upon the latest sale price for the house of £145,500 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£145,500 | 18 Mar 2016 |
£124,999 | 21 Feb 2011 |
£130,294 | 2 Jul 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 760 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 March 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £145,500 results in an estimated price of approximately £196,532.
18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £145,500 | £51,032 | £196,532 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 41.319 % | £60,118 | £205,618 |
3 Month Average | 38.191 % | £55,568 | £201,068 |
6 Month Average | 6.256 % | £9,102 | £154,602 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £64,048 | £63,100 | 70 GRESHAM CLOSE |
10 Nov 2023 | £192,855 | £190,000 | 14 GREY AVENUE |
25 Aug 2023 | £210,340 | £208,500 | 17 GLENCOE AVENUE |
27 Jul 2023 | £63,859 | £63,000 | 21 GREY AVENUE |
11 Apr 2023 | £59,642 | £59,000 | 52 GLENLUCE DRIVE |
This house has a floor area of 70 sq meters or 760 sq feet when measured on 19 Mar 2010. Using an estimated price of £196,532 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on GLENLUCE DRIVE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Under investigation | On or near Ganton Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Windermere Close |