£138,510
This estimated value is based upon the latest sale price for the house of £115,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £115,000 | 20 Mar 2020 |
| £115,000 | 20 Mar 2020 |
| £105,000 | 29 Mar 2019 |
| 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 March 2020 the House Price Index for NORTHUMBERLAND was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £115,000 results in an estimated price of approximately £138,510.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £115,000 | £23,510 | £138,510 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | 40.817 % | £46,939 | £161,939 |
| 3 Month Average | 30.788 % | £35,406 | £150,406 |
| 6 Month Average | 31.807 % | £36,578 | £151,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £128,444 | £130,000 | 11 FORD CRESCENT |
| 28 Feb 2022 | £210,788 | £201,000 | 7 ALNWICK WAY |
| 22 Oct 2021 | £171,504 | £155,000 | 6 FORD CRESCENT |
| 3 Sep 2021 | £321,123 | £298,000 | 41 FORD CRESCENT |
| 23 Apr 2021 | £121,556 | £107,650 | 3 WARKWORTH WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ford Crescent |
| Jan 2024 | Anti-social behaviour | On or near Ford Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Ford Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Ford Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Warkworth Way |