£255,104
This estimated value is based upon the latest sale price for the house of £165,000 on 9 May 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£165,000 | 9 May 2014 |
Semi-Detached |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 May 2014 the House Price Index for NORTHUMBERLAND was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £165,000 results in an estimated price of approximately £255,104.
9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £165,000 | £90,104 | £255,104 |
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 | 28.966 % | £47,794 | £212,794 |
3 Month Average | 39.018 % | £64,380 | £229,380 |
6 Month Average | 19.289 % | £31,826 | £196,826 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £248,173 | £245,000 | 13 NORTHOLT AVENUE |
21 Aug 2023 | £181,589 | £180,000 | 12 NAIRN ROAD |
7 Feb 2023 | £157,894 | £158,000 | 4 FAREHAM WAY |
19 Aug 2022 | £299,195 | £300,000 | 3 SCHOOL CLOSE |
2 Aug 2022 | £103,731 | £104,010 | 6 FAREHAM WAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Oct 2014. Using an estimated price of £255,105 means this house is valued at £2,429 per sq meter (£225 per sq foot).
The average size of a house on NAIRN ROAD is 121 sq meters (1,312 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newlyn Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Newlyn Drive |
Feb 2024 | Public order | Under investigation | On or near Newlyn Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Newlyn Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Newlyn Drive |