£305,504
This estimated value is based upon the latest sale price for the house of £199,950 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £199,950 | 4 Jul 2014 |
| £63,800 | 17 Mar 1997 |
| Terraced |
| Freehold |
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 July 2014 the House Price Index for NORTHUMBERLAND was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £199,950 results in an estimated price of approximately £305,504.
| 4 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £199,950 | £105,554 | £305,504 |
The Postcode Pricing Model uses changes in average sales price within the NE42 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 | -18.236 % | £-36,462 | £163,487 |
| 3 Month Average | -18.041 % | £-36,072 | £163,877 |
| 6 Month Average | -0.836 % | £-1,670 | £198,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £132,315 | £130,000 | 28 DENE GARTH |
| 22 Sep 2023 | £126,619 | £125,000 | 26 DENE GARTH |
| 10 Jul 2023 | £429,784 | £424,000 | 6 BURNSIDE CLOSE |
| 15 Jun 2023 | £242,943 | £240,000 | 16 NORTH MEADOW |
| 20 Apr 2023 | £333,592 | £330,000 | ELLAN VANNIN HORSLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Main Road |
| Jan 2024 | Public order | Under investigation | On or near Main Road |
| Dec 2023 | Anti-social behaviour | On or near Main Road | |
| Dec 2023 | Anti-social behaviour | On or near Main Road | |
| Dec 2023 | Anti-social behaviour | On or near Main Road |