£196,037
This estimated value is based upon the latest sale price for the house of £124,950 on 31 Aug 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£124,950 | 31 Aug 2007 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 August 2007 the House Price Index for NORTHUMBERLAND was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £124,950 results in an estimated price of approximately £196,037.
31 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £124,950 | £71,087 | £196,037 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -2.137 % | £-2,670 | £122,279 |
3 Month Average | -26.114 % | £-32,629 | £92,320 |
6 Month Average | -3.930 % | £-4,910 | £120,039 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £119,773 | £118,000 | 25 BELL VIEW |
28 Jul 2023 | £95,282 | £94,000 | 40 WOODHEAD ROAD |
26 Jan 2023 | £119,437 | £120,000 | 23 COLDWELL ROAD |
20 May 2022 | £50,960 | £50,000 | 11 SCALES CRESCENT |
22 Mar 2022 | £98,445 | £95,000 | 23 BRADLEY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Oct 2013. Using an estimated price of £196,038 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on COLDWELL ROAD is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Sandyford Avenue |
Jan 2024 | Public order | Under investigation | On or near Sandyford Avenue |
Mar 2024 | Anti-social behaviour | On or near Horsley View | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Horsley View |