£231,624
This estimated value is based upon the latest sale price for the house of £190,000 on 5 Sep 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £190,000 | 5 Sep 2018 |
| £146,600 | 13 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 858 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 September 2018 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £190,000 results in an estimated price of approximately £231,624.
| 5 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £190,000 | £41,624 | £231,624 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 41.286 % | £78,443 | £268,443 |
| 3 Month Average | 10.582 % | £20,105 | £210,105 |
| 6 Month Average | 7.877 % | £14,966 | £204,966 |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 14 Apr 2010.
The average size of a house on MONKS RIDGE is 128 sq meters (1,387 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Pastures |
| Jan 2024 | Other crime | Under investigation | On or near The Pastures |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turners Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turners Way |