£68,217
This estimated value is based upon the latest sale price for the house of £55,400 on 2 May 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £55,400 | 2 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for NORTHUMBERLAND was 119.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.137%.Applying this 23.137% change to the original purchase price of £55,400 results in an estimated price of approximately £68,217.
| 2 May 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 146.7 | 23.137 % | £55,400 | £12,817 | £68,217 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 71.955 % | £39,863 | £95,263 |
| 3 Month Average | 11.159 % | £6,182 | £61,582 |
| 6 Month Average | 10.011 % | £5,546 | £60,946 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Jan 2018.
The average size of a house on PARK DRIVE is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Bedes Road |
| Mar 2024 | Other crime | Under investigation | On or near St Bedes Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near St Bedes Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Bedes Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Bedes Road |