£222,480
This estimated value is based upon the latest sale price for the house of £131,000 on 11 Mar 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Meldon Gardens
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| Price Paid | Date |
|---|---|
| £131,000 | 11 Mar 2011 |
| £143,000 | 27 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,030 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 2011 the House Price Index for NORTHUMBERLAND was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.832%.Applying this 69.832% change to the original purchase price of £131,000 results in an estimated price of approximately £222,480.
| 11 Mar 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.832 % | £131,000 | £91,480 | £222,480 |
The Postcode Pricing Model uses changes in average sales price within the NE62 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 | -6.241 % | £-8,176 | £122,823 |
| 3 Month Average | -3.987 % | £-5,223 | £125,776 |
| 6 Month Average | 29.260 % | £38,330 | £169,330 |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 17 May 2010.
The average size of a house on WOODHORN DRIVE is 56 sq meters (610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Meldon Gardens |
| Mar 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Mar 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive | |
| Jan 2024 | Anti-social behaviour | On or near Woodhorn Drive |