£411,083
This estimated value is based upon the latest sale price for the house of £325,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £325,000 | 2 Jun 2017 |
| £240,000 | 16 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 June 2017 the House Price Index for NORTHUMBERLAND was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £325,000 results in an estimated price of approximately £411,083.
| 2 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £325,000 | £86,083 | £411,083 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 70.251 % | £228,315 | £553,315 |
| 3 Month Average | 10.709 % | £34,804 | £359,804 |
| 6 Month Average | 13.732 % | £44,630 | £369,630 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 12 Aug 2016.
The average size of a house on PARK FARM VILLAS is 119 sq meters (1,291 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Park Farm Villas |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park Farm Villas |
| Mar 2024 | Public order | Offender given a caution | On or near Ingleton Gardens |
| Mar 2024 | Public order | Under investigation | On or near Junction Close |
| Feb 2024 | Burglary | Under investigation | On or near Junction Close |