£356,443
This estimated value is based upon the latest sale price for the house of £275,000 on 2 Mar 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£275,000 | 2 Mar 2017 |
£275,000 | 22 Dec 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 2017 the House Price Index for NORTHUMBERLAND was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £275,000 results in an estimated price of approximately £356,443.
2 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £275,000 | £81,443 | £356,443 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 56.652 % | £155,794 | £430,794 |
3 Month Average | 4.480 % | £12,319 | £287,319 |
6 Month Average | 2.405 % | £6,614 | £281,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £249,363 | £245,000 | 3 OLYMPIA GARDENS |
19 Jul 2023 | £152,046 | £150,000 | 5 OLYMPIA GARDENS |
2 Jun 2023 | £172,084 | £170,000 | 2 WELLWAY COURT |
2 Jun 2023 | £318,862 | £315,000 | 20 OLYMPIA GARDENS |
29 Mar 2023 | £302,853 | £300,000 | 1 DACRE COURT DACRE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 26 Jan 2018. Using an estimated price of £356,444 means this house is valued at £4,511 per sq meter (£419 per sq foot).
The average size of a house on DACRE STREET is 65 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Dacre Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Dacre Street |
Jan 2024 | Public order | Local resolution | On or near Dacre Street |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Dacre Street |
Dec 2023 | Anti-social behaviour | On or near Dacre Street |