£137,485
This estimated value is based upon the latest sale price for the house of £106,207 on 8 Dec 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There have been two burglaries within the last year on or near Loansdean Wood
More crime details
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| Price Paid | Date |
|---|---|
| £106,207 | 8 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 December 2016 the House Price Index for NORTHUMBERLAND was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £106,207 results in an estimated price of approximately £137,485.
| 8 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £106,207 | £31,278 | £137,485 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 43.605 % | £46,311 | £152,518 |
| 3 Month Average | 1.803 % | £1,914 | £108,121 |
| 6 Month Average | 6.464 % | £6,865 | £113,072 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 31 May 2016.
The average size of a house on LOANSDEAN WOOD is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Loansdean Wood |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Loansdean Wood |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Loansdean Wood |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sweethope Dene |
| Mar 2024 | Burglary | Awaiting court outcome | On or near The Steads |