£456,033
This estimated value is based upon the latest sale price for the house of £415,000 on 12 Mar 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £415,000 | 12 Mar 2021 |
| £365,000 | 18 Sep 2012 |
| £395,000 | 12 Sep 2006 |
| £310,500 | 9 Jul 2004 |
| £127,500 | 11 Nov 1999 |
| £105,000 | 3 May 1996 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 March 2021 the House Price Index for NORTHUMBERLAND was 133.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.888%.Applying this 9.888% change to the original purchase price of £415,000 results in an estimated price of approximately £456,033.
| 12 Mar 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 146.7 | 9.888 % | £415,000 | £41,033 | £456,033 |
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 | -36.681 % | £-152,227 | £262,772 |
| 3 Month Average | -34.398 % | £-142,750 | £272,249 |
| 6 Month Average | 5.496 % | £22,810 | £437,810 |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 20 Jun 2012.
The average size of a house on ROYAL OAK GARDENS is 140 sq meters (1,515 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Royal Oak Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravenslaw Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ravenslaw Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravenslaw Gardens |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |