£295,955
This estimated value is based upon the latest sale price for the house of £68,950 on 6 Aug 1999. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £68,950 | 6 Aug 1999 |
| Detached |
| Leasehold |
| Floor Area: 142 sq meters or 1,528 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 August 1999 the House Price Index for NORTHUMBERLAND was 34.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 329.231%.Applying this 329.231% change to the original purchase price of £68,950 results in an estimated price of approximately £295,955.
| 6 Aug 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 148.6 | 329.231 % | £68,950 | £227,005 | £295,955 |
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 | 67.329 % | £46,423 | £115,373 |
| 3 Month Average | 165.166 % | £113,881 | £182,831 |
| 6 Month Average | 193.970 % | £133,742 | £202,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £213,740 | £210,000 | 40 GROUSEMOOR DRIVE |
| 7 Dec 2023 | £232,060 | £228,000 | 2 CHAFFINCH COURT |
| 8 Sep 2023 | £222,849 | £220,000 | 24 GROUSEMOOR DRIVE |
| 20 Jan 2023 | £240,865 | £242,000 | 11 FALCON COURT |
| 4 Nov 2022 | £988 | £1,000 | 11 KESTREL DRIVE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 23 Oct 2013. Using an estimated price of £295,955 means this house is valued at £2,084 per sq meter (£193 per sq foot).
The average size of a house on KESTREL DRIVE is 124 sq meters (1,342 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Jan 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Jan 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Jan 2024 | Anti-social behaviour | On or near Magnolia Drive | |
| Jan 2024 | Anti-social behaviour | On or near Magnolia Drive |