£225,898
This estimated value is based upon the latest sale price for the house of £179,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £179,000 | 31 Oct 2017 |
| £205,000 | 22 May 2008 |
| £84,500 | 16 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 October 2017 the House Price Index for NORTHUMBERLAND was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £179,000 results in an estimated price of approximately £225,898.
| 31 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £179,000 | £46,898 | £225,898 |
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 | -40.894 % | £-73,199 | £105,800 |
| 3 Month Average | -0.909 % | £-1,627 | £177,372 |
| 6 Month Average | 3.649 % | £6,530 | £185,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £258,303 | £255,000 | 4 EPSOM DRIVE |
| 31 Jul 2023 | £293,956 | £290,000 | 42 EPSOM DRIVE |
| 13 Feb 2023 | £294,802 | £295,000 | 69 EPSOM DRIVE |
| 20 Jan 2023 | £338,406 | £340,000 | 71 EPSOM DRIVE |
| 11 Aug 2022 | £259,302 | £260,000 | 62 EPSOM DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 May 2012. Using an estimated price of £225,898 means this house is valued at £1,914 per sq meter (£177 per sq foot).
The average size of a house on WETHERBY CLOSE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wetherby Close |
| Dec 2023 | Burglary | Under investigation | On or near Ascot Grove |
| Dec 2023 | Burglary | Under investigation | On or near Ascot Grove |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |