£269,167
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £220,000 | 4 Feb 2020 |
| £151,500 | 15 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £220,000 results in an estimated price of approximately £269,167.
| 4 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £220,000 | £49,167 | £269,167 |
The Postcode Pricing Model uses changes in average sales price within the NE43 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 | 107.427 % | £236,338 | £456,338 |
| 3 Month Average | 65.593 % | £144,305 | £364,305 |
| 6 Month Average | 47.624 % | £104,772 | £324,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £229,007 | £225,000 | WENTWORTH COTTAGE |
| 22 Nov 2023 | £456,762 | £450,000 | 1 BRUMWELL COURT |
| 13 Nov 2023 | £421,236 | £415,000 | 2 THE OAKS MAIN ROAD |
| 15 Sep 2023 | £222,849 | £220,000 | 14 HALL FARM CLOSE |
| 18 Aug 2023 | £252,206 | £250,000 | 1 HALL FARM CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 3 Apr 2019. Using an estimated price of £269,168 means this house is valued at £2,746 per sq meter (£255 per sq foot).
The average size of a house on HALL FARM CLOSE is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Pastures |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Pastures |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Guessburn |
| Jan 2024 | Anti-social behaviour | On or near Guessburn |