£114,099
This estimated value is based upon the latest sale price for the house of £105,500 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £105,500 | 24 Nov 2021 |
| 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 November 2021 the House Price Index for NORTHUMBERLAND was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £105,500 results in an estimated price of approximately £114,099.
| 24 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £105,500 | £8,599 | £114,099 |
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 | -45.162 % | £-47,645 | £57,854 |
| 3 Month Average | -12.027 % | £-12,688 | £92,811 |
| 6 Month Average | -3.911 % | £-4,126 | £101,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £149,410 | £147,500 | 1 ANDERSON CRESCENT |
| 9 Jun 2023 | £179,170 | £177,000 | 5 ST LAWRENCE AVENUE |
| 2 Jun 2023 | £191,317 | £189,000 | 15 ANDERSON CRESCENT |
| 7 Oct 2022 | £138,509 | £140,000 | 25 PHILIP DRIVE |
| 20 May 2022 | £178,361 | £175,000 | 50 PHILIP DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Holywell Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melrose Gardens |
| Apr 2024 | Anti-social behaviour | On or near Stephenson Road | |
| Feb 2024 | Anti-social behaviour | On or near Stephenson Road | |
| Feb 2024 | Anti-social behaviour | On or near Stephenson Road |