£462,350
This estimated value is based upon the latest sale price for the house of £250,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £250,000 | 8 May 2009 |
| £89,000 | 18 Aug 1998 |
| £83,000 | 2 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2009 the House Price Index for NORTHUMBERLAND was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £250,000 results in an estimated price of approximately £462,350.
| 8 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £250,000 | £212,350 | £462,350 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 51.760 % | £129,398 | £379,398 |
| 3 Month Average | 29.619 % | £74,048 | £324,048 |
| 6 Month Average | 28.726 % | £71,814 | £321,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £344,638 | £340,000 | 35 DICKSON DRIVE |
| 11 Jul 2023 | £339,570 | £335,000 | 4 STRAKER DRIVE |
| 3 Jul 2023 | £329,434 | £325,000 | 30 DICKSON DRIVE |
| 10 Aug 2022 | £381,972 | £383,000 | 43 DICKSON DRIVE |
| 9 Aug 2022 | £334,101 | £335,000 | 1 BIRCH CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 9 Jun 2015. Using an estimated price of £462,350 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on ELM CLOSE is 152 sq meters (1,641 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Conniscliffe Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishopton Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ridley Close |
| Feb 2024 | Burglary | Under investigation | On or near Causey Park |
| Mar 2024 | Public order | Under investigation | On or near B6305 |