£102,023
This estimated value is based upon the latest sale price for the house of £79,950 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £79,950 | 28 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2017 the House Price Index for NORTHUMBERLAND was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £79,950 results in an estimated price of approximately £102,023.
| 28 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £79,950 | £22,073 | £102,023 |
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 | -8.211 % | £-6,565 | £73,384 |
| 3 Month Average | 14.187 % | £11,342 | £91,292 |
| 6 Month Average | 25.051 % | £20,028 | £99,978 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Jan 2017.
The average size of a house on LICHFIELD CLOSE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Academy Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Academy Road |
| Mar 2024 | Other crime | Under investigation | On or near Lichfield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Winchester Close |
| Dec 2023 | Anti-social behaviour | On or near Winchester Close |