£198,199
This estimated value is based upon the latest sale price for the house of £162,500 on 24 Jun 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £162,500 | 24 Jun 2019 |
| £108,000 | 1 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £162,500 results in an estimated price of approximately £198,199.
| 24 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.969 % | £162,500 | £35,699 | £198,199 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | -16.336 % | £-26,546 | £135,953 |
| 3 Month Average | -4.285 % | £-6,962 | £155,537 |
| 6 Month Average | 3.353 % | £5,449 | £167,949 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Apr 2013.
The average size of a house on SOLINGEN ESTATE is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Ark Rise | |
| Feb 2024 | Anti-social behaviour | On or near Ark Rise | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pioneer Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Blida Close |
| Mar 2024 | Anti-social behaviour | On or near Matthew Road |