£295,776
This estimated value is based upon the latest sale price for the house of £60,000 on 12 Sep 1997. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Chapel Lane
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| Price Paid | Date |
|---|---|
| £60,000 | 12 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 1997 the House Price Index for NORTHUMBERLAND was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £60,000 results in an estimated price of approximately £295,776.
| 12 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £60,000 | £235,776 | £295,776 |
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 | 236.927 % | £142,156 | £202,156 |
| 3 Month Average | 367.595 % | £220,557 | £280,557 |
| 6 Month Average | 323.127 % | £193,876 | £253,876 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 20 Feb 2014.
The average size of a house on THREE TUNS LANE is 92 sq meters (992 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chapel Lane |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Green Batt |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Green Batt |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gills Lane |