£73,882
This estimated value is based upon the latest sale price for the house of £60,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £60,000 | 18 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2018 the House Price Index for NORTHUMBERLAND was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £60,000 results in an estimated price of approximately £73,882.
| 18 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £60,000 | £13,882 | £73,882 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | -6.411 % | £-3,846 | £56,153 |
| 3 Month Average | 22.639 % | £13,583 | £73,583 |
| 6 Month Average | 22.182 % | £13,309 | £73,309 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Oct 2019.
The average size of a house on ALDERWOOD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Pastures |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Glenwood |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Orpine Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holmdale |
| Mar 2024 | Possession of weapons | Under investigation | On or near Holmdale |