£27,440
This estimated value is based upon the latest sale price for the house of £22,500 on 19 Mar 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Meldon Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £22,500 | 19 Mar 2019 |
| £37,000 | 12 Jun 2014 |
| £35,950 | 16 Jan 2004 |
| £13,500 | 5 Jun 2000 |
| £21,000 | 2 Jun 2000 |
| £10,250 | 19 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £22,500 results in an estimated price of approximately £27,440.
| 19 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £22,500 | £4,940 | £27,440 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | 0.834 % | £187 | £22,687 |
| 3 Month Average | -3.815 % | £-858 | £21,641 |
| 6 Month Average | 22.467 % | £5,055 | £27,555 |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 8 Feb 2020.
The average size of a house on WOODHORN DRIVE is 56 sq meters (610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Meldon Gardens |
| Mar 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Mar 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive |