£244,408
This estimated value is based upon the latest sale price for the house of £155,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £155,000 | 24 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 674 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 January 2014 the House Price Index for NORTHUMBERLAND was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £155,000 results in an estimated price of approximately £244,408.
| 24 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £155,000 | £89,408 | £244,408 |
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 | 32.406 % | £50,229 | £205,229 |
| 3 Month Average | 55.212 % | £85,579 | £240,579 |
| 6 Month Average | 33.826 % | £52,430 | £207,430 |
This house has a floor area of 62 sq meters or 674 sq feet when measured on 26 Jan 2011.
The average size of a house on RENNINGTON VILLAGE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Springfield View |
| Dec 2023 | Anti-social behaviour | On or near Mount View | |
| Dec 2023 | Anti-social behaviour | On or near Mount View | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Mount View |
| Dec 2023 | Anti-social behaviour | On or near Mount View |