£484,637
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £220,000 | 7 Nov 2003 |
| Detached |
| 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 2003 the House Price Index for NORTHUMBERLAND was 67.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 120.290%.Applying this 120.290% change to the original purchase price of £220,000 results in an estimated price of approximately £484,637.
| 7 Nov 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.0 | 120.290 % | £220,000 | £264,637 | £484,637 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -18.881 % | £-41,538 | £178,461 |
| 3 Month Average | 48.978 % | £107,751 | £327,751 |
| 6 Month Average | 64.341 % | £141,550 | £361,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £363,438 | £360,000 | 14 THE DUNTERNS |
| 21 Apr 2023 | £292,172 | £290,000 | 19 BLAKELAW ROAD |
| 17 Jun 2022 | £308,123 | £305,000 | 2 HOPE HOUSE COTTAGES HOPE HOUSE LANE |
| 17 Dec 2021 | £368,133 | £345,000 | 23 MEADOW RIGGS |
| 10 Dec 2021 | £362,797 | £340,000 | 1 BEACONSFIELD TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope House Lane |
| Apr 2024 | Anti-social behaviour | On or near Meadow Riggs | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Street |
| Apr 2024 | Anti-social behaviour | On or near Upper Howick Street |