£466,170
This estimated value is based upon the latest sale price for the house of £380,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£380,000 | 13 Dec 2019 |
Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 December 2019 the House Price Index for NORTHUMBERLAND was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £380,000 results in an estimated price of approximately £466,170.
13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £380,000 | £86,170 | £466,170 |
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 | 2.035 % | £7,731 | £387,731 |
3 Month Average | 40.555 % | £154,109 | £534,109 |
6 Month Average | 13.657 % | £51,897 | £431,897 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £278,372 | £275,000 | 1 DYERS WAY |
15 Sep 2022 | £218,238 | £220,000 | 48A BOWYER WAY |
31 May 2022 | £297,608 | £292,000 | 6 DYERS WAY |
20 Dec 2021 | £187,491 | £175,000 | 22 WEAVERS ROAD |
29 Oct 2021 | £210,231 | £190,000 | 35 WILLOWBURN |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 7 Oct 2019. Using an estimated price of £466,171 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on BOWYER WAY is 85 sq meters (915 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fullers View |
Mar 2024 | Anti-social behaviour | On or near Willowburn | |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weavers Road |
Feb 2024 | Anti-social behaviour | On or near Weavers Road | |
Feb 2024 | Anti-social behaviour | On or near Weavers Road |