£513,375
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Aug 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £425,000 | 19 Aug 2020 |
| £260,000 | 6 May 2016 |
| Detached |
| Freehold |
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 2020 the House Price Index for NORTHUMBERLAND was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £425,000 results in an estimated price of approximately £513,375.
| 19 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £425,000 | £88,375 | £513,375 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 15.834 % | £67,292 | £492,292 |
| 3 Month Average | 47.692 % | £202,692 | £627,692 |
| 6 Month Average | 38.713 % | £164,531 | £589,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2022 | £318,511 | £320,000 | 7 KENMORE ROAD |
| 15 Aug 2022 | £617,889 | £615,000 | ROXBURGH HOUSE KENMORE ROAD |
| 15 Aug 2022 | £426,997 | £425,000 | 2 HIGHFIELD |
| 12 Aug 2022 | £482,255 | £480,000 | 6 OLD PARK ROAD |
| 20 May 2022 | £256,687 | £250,000 | 1 LADY HAMILTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Blackwood Place |
| Jun 2024 | Other theft | Under investigation | On or near Admiral Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherry Tree Drive |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Park Road |