£268,864
This estimated value is based upon the latest sale price for the house of £90,000 on 29 Apr 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £90,000 | 29 Apr 2002 |
| £67,000 | 30 May 1997 |
| Semi-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 April 2002 the House Price Index for NORTHUMBERLAND was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £90,000 results in an estimated price of approximately £268,864.
| 29 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £90,000 | £178,864 | £268,864 |
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 | 120.507 % | £108,456 | £198,456 |
| 3 Month Average | 197.387 % | £177,648 | £267,648 |
| 6 Month Average | 186.878 % | £168,190 | £258,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £127,226 | £125,000 | 39 CORNHILL ESTATE |
| 8 Nov 2023 | £152,254 | £150,000 | 54 CORNHILL ESTATE |
| 7 Nov 2023 | £132,969 | £131,000 | 18 YORK CRESCENT |
| 18 Aug 2023 | £110,971 | £110,000 | 52 CORNHILL ESTATE |
| 10 Jul 2023 | £936,606 | £924,000 | RAVENSLAW HOUSE SOUTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Public order | Under investigation | On or near Supermarket |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cornhill Estate |