£454,390
This estimated value is based upon the latest sale price for the house of £96,300 on 6 Mar 1998. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£96,300 | 6 Mar 1998 |
£93,500 | 24 Mar 1995 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,497 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 1998 the House Price Index for NORTHUMBERLAND was 31.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 371.849%.Applying this 371.849% change to the original purchase price of £96,300 results in an estimated price of approximately £454,390.
6 Mar 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 146.7 | 371.849 % | £96,300 | £358,090 | £454,390 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 56.963 % | £54,855 | £151,155 |
3 Month Average | 92.536 % | £89,112 | £185,412 |
6 Month Average | 184.594 % | £177,763 | £274,063 |
This house has a floor area of 139 sq meters or 1,497 sq feet when measured on 20 Oct 2008.
The average size of a house on NORTH PARADE is 200 sq meters (2,160 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Morpeth Close | |
Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Morpeth Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morpeth Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morpeth Close |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Morpeth Close |