£503,667
This estimated value is based upon the latest sale price for the house of £277,500 on 29 Jul 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£277,500 | 29 Jul 2005 |
£124,000 | 6 Jul 2001 |
£92,950 | 4 Jul 1996 |
Detached |
Leasehold |
Floor Area: 226 sq meters or 2,432 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 July 2005 the House Price Index for NORTHUMBERLAND was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.502%.Applying this 81.502% change to the original purchase price of £277,500 results in an estimated price of approximately £503,667.
29 Jul 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 146.7 | 81.502 % | £277,500 | £226,167 | £503,667 |
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 | 40.343 % | £111,950 | £389,450 |
3 Month Average | 47.045 % | £130,549 | £408,049 |
6 Month Average | 28.728 % | £79,718 | £357,218 |
This house has a floor area of 226 sq meters or 2,432 sq feet when measured on 30 Mar 2017.
The average size of a house on FAIRVILLE CLOSE is 219 sq meters (2,360 sq feet).
This house is the largest in the street with a floor area of 226 sq meters (2,432 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Fern Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fern Avenue |
Feb 2024 | Anti-social behaviour | On or near Kelsey Way | |
Feb 2024 | Anti-social behaviour | On or near Kelsey Way | |
Feb 2024 | Anti-social behaviour | On or near Kelsey Way |