£98,545
This estimated value is based upon the latest sale price for the house of £85,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £85,000 | 25 Nov 2020 |
| £90,000 | 31 Aug 2012 |
| £105,000 | 15 Dec 2006 |
| £41,500 | 15 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 31 sq meters or 333 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 November 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £85,000 results in an estimated price of approximately £98,545.
| 25 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £85,000 | £13,545 | £98,545 |
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 | 18.986 % | £16,138 | £101,138 |
| 3 Month Average | 18.352 % | £15,599 | £100,599 |
| 6 Month Average | 3.108 % | £2,641 | £87,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £232,030 | £230,000 | 13 NEWMINSTER PLACE, 42A BULLERS GREEN |
| 27 Jan 2023 | £179,156 | £180,000 | 5 POTTERY BANK COURT |
| 15 Aug 2022 | £194,427 | £194,950 | 18 BULLERS GREEN |
| 30 Mar 2022 | £673,570 | £650,000 | 10 COTTINGVALE |
| 3 Dec 2021 | £230,346 | £215,000 | 13 HIGH STANNERS |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 23 Nov 2018. Using an estimated price of £98,545 means this house is valued at £3,178 per sq meter (£295 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bullers Green |
| Mar 2024 | Public order | Under investigation | On or near Bullers Green |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bullers Green |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bullers Green |
| Feb 2024 | Public order | Under investigation | On or near Bullers Green |