£288,036
This estimated value is based upon the latest sale price for the house of £290,000 on 8 Aug 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £290,000 | 8 Aug 2023 |
| £233,000 | 11 Jun 2015 |
| £80,000 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 August 2023 the House Price Index for NORTHUMBERLAND was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £290,000 results in an estimated price of approximately £288,036.
| 8 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £290,000 | £-1,963 | £288,036 |
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 | -20.508 % | £-59,474 | £230,525 |
| 3 Month Average | -25.665 % | £-74,429 | £215,570 |
| 6 Month Average | -13.000 % | £-37,699 | £252,300 |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 24 Jun 2015.
The average size of a house on SCHOOL CLOSE is 187 sq meters (2,015 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cottingwood Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cottingwood Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dawson Place |
| Mar 2024 | Anti-social behaviour | On or near Northumberland Gardens | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northumberland Gardens |