£115,625
This estimated value is based upon the latest sale price for the house of £96,000 on 24 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£96,000 | 24 Mar 2020 |
£50,000 | 26 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £96,000 results in an estimated price of approximately £115,625.
24 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £96,000 | £19,625 | £115,625 |
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 | -22.251 % | £-21,360 | £74,639 |
3 Month Average | 7.265 % | £6,974 | £102,974 |
6 Month Average | 2.824 % | £2,710 | £98,710 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2023 | £279,812 | £280,000 | 16 BELFRY CLOSE |
17 May 2022 | £163,073 | £160,000 | 53 BURNSIDE |
6 May 2022 | £125,362 | £123,000 | 21 BURNSIDE |
30 Jun 2021 | £203,856 | £190,000 | 21 SIMPSON COURT |
13 Aug 2020 | £251,804 | £210,000 | 23 SIMPSON COURT |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 28 Jun 2017. Using an estimated price of £115,626 means this house is valued at £1,167 per sq meter (£108 per sq foot).
The average size of a house on BURNSIDE is 85 sq meters (923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Simpson Court |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Southern Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southern Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Southern Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Southern Close |