£280,125
This estimated value is based upon the latest sale price for the house of £167,000 on 30 Mar 2010. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £167,000 | 30 Mar 2010 |
| £75,500 | 30 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2010 the House Price Index for NORTHUMBERLAND was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.740%.Applying this 67.740% change to the original purchase price of £167,000 results in an estimated price of approximately £280,125.
| 30 Mar 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.740 % | £167,000 | £113,125 | £280,125 |
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 | -10.169 % | £-16,982 | £150,017 |
| 3 Month Average | 4.365 % | £7,289 | £174,289 |
| 6 Month Average | 14.184 % | £23,687 | £190,687 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 31 Jul 2014.
The average size of a house on WETHERBY CLOSE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wetherby Close |
| Dec 2023 | Burglary | Under investigation | On or near Ascot Grove |
| Dec 2023 | Burglary | Under investigation | On or near Ascot Grove |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |