£323,425
This estimated value is based upon the latest sale price for the house of £315,000 on 5 May 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£315,000 | 5 May 2022 |
£269,950 | 26 May 2017 |
Detached |
Freehold |
Floor Area: 181 sq meters or 1,948 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 2022 the House Price Index for NORTHUMBERLAND was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £315,000 results in an estimated price of approximately £323,425.
5 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £315,000 | £8,425 | £323,425 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -5.927 % | £-18,669 | £296,330 |
3 Month Average | -2.235 % | £-7,038 | £307,961 |
6 Month Average | 0.625 % | £1,969 | £316,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £237,291 | £230,000 | 30 BELFRY CLOSE |
24 Nov 2023 | £365,529 | £356,250 | 28 BELFRY CLOSE |
7 Feb 2023 | £281,883 | £280,000 | 16 BELFRY CLOSE |
5 May 2022 | £323,426 | £315,000 | 7 BELFRY CLOSE |
9 Mar 2022 | £179,556 | £172,000 | 38 SCOULAR DRIVE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 17 Nov 2016. Using an estimated price of £323,426 means this house is valued at £1,786 per sq meter (£166 per sq foot).
The average size of a house on BELFRY CLOSE is 139 sq meters (1,497 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Karlsson Way |
Jun 2024 | Anti-social behaviour | On or near Karlsson Way | |
Jun 2024 | Anti-social behaviour | On or near Karlsson Way | |
Apr 2024 | Public order | Under investigation | On or near Karlsson Way |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Scoular Drive |