£273,267
This estimated value is based upon the latest sale price for the house of £62,495 on 7 May 1999. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £62,495 | 7 May 1999 |
| £44,000 | 10 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 May 1999 the House Price Index for NORTHUMBERLAND was 33.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 337.263%.Applying this 337.263% change to the original purchase price of £62,495 results in an estimated price of approximately £273,267.
| 7 May 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 146.7 | 337.263 % | £62,495 | £210,772 | £273,267 |
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 | 93.136 % | £58,205 | £120,700 |
| 3 Month Average | 157.157 % | £98,214 | £160,709 |
| 6 Month Average | 208.231 % | £130,134 | £192,629 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 31 Aug 2017.
The average size of a house on SWALLOW CLOSE is 128 sq meters (1,383 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingfisher Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Waterford Green |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grebe Close |
| Jan 2024 | Burglary | Under investigation | On or near Grebe Close |
| Mar 2024 | Other crime | Under investigation | On or near Parking Area |