£118,462
This estimated value is based upon the latest sale price for the house of £65,000 on 31 Oct 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £65,000 | 31 Oct 2005 |
| £45,000 | 5 Jun 2003 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 October 2005 the House Price Index for NORTHUMBERLAND was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £65,000 results in an estimated price of approximately £118,462.
| 31 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £65,000 | £53,462 | £118,462 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | 33.799 % | £21,969 | £86,969 |
| 3 Month Average | -3.846 % | £-2,499 | £62,500 |
| 6 Month Average | 8.924 % | £5,800 | £70,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £100,883 | £100,000 | 12 VICTORIA TERRACE |
| 27 Jul 2023 | £157,115 | £155,000 | 42 HILLCREST |
| 16 Jun 2022 | £142,007 | £140,000 | 50 HILLCREST |
| 6 May 2022 | £110,074 | £108,000 | 21 HILLCREST |
| 12 Apr 2022 | £147,261 | £143,000 | 22 HILLCREST |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Mar 2020. Using an estimated price of £118,463 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on REDWELL COURT is 115 sq meters (1,243 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hillcrest Court | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hillcrest |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tarset Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tarset Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tarset Drive |