£226,516
This estimated value is based upon the latest sale price for the house of £181,995 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£181,995 | 14 Jun 2019 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 June 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £181,995 results in an estimated price of approximately £226,516.
14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £181,995 | £44,521 | £226,516 |
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 | 16.392 % | £29,832 | £211,827 |
3 Month Average | 23.510 % | £42,786 | £224,781 |
6 Month Average | 15.599 % | £28,388 | £210,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £214,294 | £210,000 | 9 TAILOR WAY |
15 Sep 2022 | £219,853 | £220,000 | 48A BOWYER WAY |
19 Apr 2022 | £217,859 | £210,000 | 2 BAKER WAY |
29 Oct 2021 | £211,787 | £190,000 | 35 WILLOWBURN |
29 Oct 2021 | £188,008 | £168,667 | 2 WILLOWBURN |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 May 2019. Using an estimated price of £226,517 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on BOWYER WAY is 85 sq meters (915 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tailor Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Tailor Way |
Jun 2024 | Anti-social behaviour | On or near Willowburn | |
Jun 2024 | Anti-social behaviour | On or near Willowburn | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willowburn |