£304,910
This estimated value is based upon the latest sale price for the house of £245,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £245,000 | 1 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £245,000 results in an estimated price of approximately £304,910.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £245,000 | £59,910 | £304,910 |
The Postcode Pricing Model uses changes in average sales price within the NE69 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 | 29.032 % | £71,129 | £316,129 |
| 3 Month Average | 52.466 % | £128,540 | £373,540 |
| 6 Month Average | 49.416 % | £121,070 | £366,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £956,729 | £935,000 | 6 FRIARY FARM RADCLIFFE ROAD |
| 10 Feb 2023 | £931,221 | £925,000 | SPINDLESTONE COTTAGE |
| 8 Jun 2022 | £384,213 | £376,000 | 18 BRADA QUARRY PARK |
| 14 Apr 2022 | £1,348,649 | £1,300,000 | DUKESFIELD HOUSE |
| 12 Jan 2022 | £572,507 | £540,000 | SEAL WATERS 2 NEWTOWN COTTAGES |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 2 Oct 2018. Using an estimated price of £304,911 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on BRADA QUARRY PARK is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Friars Court |
| Jul 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ingram Road |
| Apr 2024 | Anti-social behaviour | On or near Ingram Road |