£285,068
This estimated value is based upon the latest sale price for the house of £232,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £232,000 | 31 Jan 2020 |
| £180,000 | 30 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 2020 the House Price Index for NORTHUMBERLAND was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £232,000 results in an estimated price of approximately £285,068.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £232,000 | £53,068 | £285,068 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | 4.855 % | £11,263 | £243,263 |
| 3 Month Average | 19.681 % | £45,658 | £277,658 |
| 6 Month Average | 20.002 % | £46,404 | £278,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £176,533 | £175,000 | 14 HOTSPUR COURT |
| 27 Mar 2024 | £170,114 | £167,500 | 6 HOTSPUR COURT |
| 20 Dec 2023 | £84,084 | £81,500 | 2 HOTSPUR HILL |
| 11 Dec 2023 | £136,185 | £132,000 | 29 BONDGATE WITHOUT |
| 30 Jun 2023 | £391,343 | £383,500 | 7 PRUDHOE STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 9 Jul 2019. Using an estimated price of £285,068 means this house is valued at £2,908 per sq meter (£270 per sq foot).
There is one other house on the street which we know the size of, this is 4 GLEBELANDS it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Dovecote Lane |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Dovecote Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Grey Place |
| Jul 2024 | Anti-social behaviour | On or near Hotspur Street | |
| Jul 2024 | Anti-social behaviour | On or near Militia Court |