£249,406
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Jan 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£155,000 | 16 Jan 2014 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 January 2014 the House Price Index for NORTHUMBERLAND was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £155,000 results in an estimated price of approximately £249,406.
16 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £155,000 | £94,406 | £249,406 |
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 | 20.277 % | £31,429 | £186,429 |
3 Month Average | 27.713 % | £42,955 | £197,955 |
6 Month Average | 23.326 % | £36,155 | £191,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £337,935 | £335,000 | 58 LINDISFARNE LANE |
19 Apr 2024 | £176,533 | £175,000 | 8 EDEN GROVE |
22 Mar 2024 | £237,651 | £234,000 | 49 GRANGE ROAD |
1 Dec 2023 | £247,609 | £240,000 | 10 ROOKSWOOD |
11 Aug 2023 | £232,188 | £228,000 | 24 EDEN GROVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 19 Oct 2017. Using an estimated price of £249,407 means this house is valued at £2,095 per sq meter (£194 per sq foot).
The average size of a house on LINDISFARNE LANE is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Moorfields |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Moorfields |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merley Gate |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathfield |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheviot Court |