£318,027
This estimated value is based upon the latest sale price for the house of £260,000 on 28 May 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £260,000 | 28 May 2020 |
| £243,500 | 15 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,138 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 May 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £260,000 results in an estimated price of approximately £318,027.
| 28 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £260,000 | £58,027 | £318,027 |
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 | -22.563 % | £-58,664 | £201,335 |
| 3 Month Average | 12.839 % | £33,380 | £293,380 |
| 6 Month Average | 2.586 % | £6,724 | £266,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £364,911 | £360,000 | 14 THE DUNTERNS |
| 28 Apr 2023 | £320,450 | £317,000 | 17 AYDON VIEW |
| 21 Apr 2023 | £293,156 | £290,000 | 19 BLAKELAW ROAD |
| 17 Feb 2023 | £427,712 | £428,000 | 22 AYDON VIEW |
| 26 Jan 2023 | £209,015 | £210,000 | 27 FAIRFIELDS |
This house has a floor area of 105 sq meters or 1,138 sq feet when measured on 18 May 2010. Using an estimated price of £318,027 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on MEADOW RIGGS is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Blakelaw Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Highfield Park |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Park |
| Dec 2023 | Public order | Under investigation | On or near Highfield Park |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Highfield Park |