£100,972
This estimated value is based upon the latest sale price for the house of £79,500 on 1 Aug 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £79,500 | 1 Aug 2017 |
| £70,000 | 27 Jul 2011 |
| Flats/Maisonettes |
| Leasehold |
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 August 2017 the House Price Index for NORTHUMBERLAND was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £79,500 results in an estimated price of approximately £100,972.
| 1 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £79,500 | £21,472 | £100,972 |
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 | 33.092 % | £26,308 | £105,808 |
| 3 Month Average | 9.731 % | £7,735 | £87,235 |
| 6 Month Average | 11.177 % | £8,885 | £88,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £466,913 | £460,000 | 28 GREEN CLOSE |
| 16 Nov 2023 | £86,277 | £85,000 | 14 BEECHLEA |
| 27 Jan 2023 | £263,758 | £265,000 | 88 BEECHLEA |
| 29 Jun 2022 | £314,444 | £310,000 | 37 THE GLEBE |
| 23 Mar 2022 | £290,153 | £280,000 | WOOLER COTTAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Beechlea | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Beechlea |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Square |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Maple Court |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Maple Court |