£72,300
This estimated value is based upon the latest sale price for the house of £55,000 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £55,000 | 4 Jul 2016 |
| £45,000 | 30 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 July 2016 the House Price Index for NORTHUMBERLAND was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £55,000 results in an estimated price of approximately £72,300.
| 4 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £55,000 | £17,300 | £72,300 |
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 | -30.166 % | £-16,591 | £38,408 |
| 3 Month Average | 3.271 % | £1,799 | £56,799 |
| 6 Month Average | 19.646 % | £10,805 | £65,805 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Aug 2015.
The average size of a house on THORNTREE GARDENS is 101 sq meters (1,087 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Thorntree Gardens |
| Jan 2024 | Public order | Under investigation | On or near Thorntree Gardens |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Parking Area |