£277,323
This estimated value is based upon the latest sale price for the house of £225,000 on 19 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £225,000 | 19 Feb 2020 |
| £224,950 | 30 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 February 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £225,000 results in an estimated price of approximately £277,323.
| 19 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £225,000 | £52,323 | £277,323 |
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 | -8.555 % | £-19,249 | £205,750 |
| 3 Month Average | -14.289 % | £-32,149 | £192,850 |
| 6 Month Average | -14.060 % | £-31,636 | £193,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £237,291 | £230,000 | 30 BELFRY CLOSE |
| 24 Nov 2023 | £365,529 | £356,250 | 28 BELFRY CLOSE |
| 9 Mar 2022 | £179,556 | £172,000 | 38 SCOULAR DRIVE |
| 22 Dec 2021 | £169,991 | £157,500 | 29 SCOULAR DRIVE |
| 21 Dec 2021 | £372,361 | £345,000 | 3 BANDON COURT |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 19 Feb 2015. Using an estimated price of £277,323 means this house is valued at £1,980 per sq meter (£184 per sq foot).
The average size of a house on BANDON COURT is 154 sq meters (1,658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Bandon Court |
| Jul 2024 | Other crime | Under investigation | On or near Pine Valley Way |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Pine Valley Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pine Valley Way |
| Jun 2024 | Other crime | Under investigation | On or near Harvey Close |