£245,736
This estimated value is based upon the latest sale price for the house of £197,450 on 23 Nov 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £197,450 | 23 Nov 2017 |
| £202,000 | 12 Sep 2014 |
| £82,500 | 28 Apr 2000 |
| £82,500 | 17 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 November 2017 the House Price Index for NORTHUMBERLAND was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £197,450 results in an estimated price of approximately £245,736.
| 23 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £197,450 | £48,286 | £245,736 |
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 | -21.106 % | £-41,673 | £155,776 |
| 3 Month Average | 14.800 % | £29,222 | £226,672 |
| 6 Month Average | 8.330 % | £16,447 | £213,897 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 20 Oct 2012.
The average size of a house on LOWTHER CLOSE is 136 sq meters (1,472 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cotswold Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cotswold Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cotswold Drive | |
| Mar 2024 | Anti-social behaviour | On or near Chiltern Close | |
| Mar 2024 | Anti-social behaviour | On or near Chiltern Close |