£294,973
This estimated value is based upon the latest sale price for the house of £265,000 on 31 Mar 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near B1339
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| Price Paid | Date |
|---|---|
| £265,000 | 31 Mar 2021 |
| £159,100 | 3 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 822 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 2021 the House Price Index for NORTHUMBERLAND was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £265,000 results in an estimated price of approximately £294,973.
| 31 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £265,000 | £29,973 | £294,973 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -36.681 % | £-97,205 | £167,794 |
| 3 Month Average | -34.398 % | £-91,154 | £173,845 |
| 6 Month Average | 5.496 % | £14,565 | £279,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £422,012 | £424,000 | 11 ROCK HOME FARM |
| 31 Oct 2022 | £469,940 | £475,000 | THE BLACKSMITHS, 5 ROCK HOME FARM |
| 22 Apr 2022 | £411,920 | £400,000 | 8 ROCK HOME FARM |
| 1 Mar 2022 | £510,359 | £492,500 | 4 GRANGE PARK |
| 30 Sep 2021 | £545,167 | £505,912 | ORCHARD HOUSE ROCK VILLAGE |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 18 Oct 2010. Using an estimated price of £294,974 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on RENNINGTON VILLAGE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1339 |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near B1339 |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B1339 |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near B1339 |
| Feb 2024 | Burglary | Under investigation | On or near B1339 |