£847,606
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Jan 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £500,000 | 18 Jan 2013 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 January 2013 the House Price Index for NORTHUMBERLAND was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £500,000 results in an estimated price of approximately £847,606.
| 18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £500,000 | £347,606 | £847,606 |
The Postcode Pricing Model uses changes in average sales price within the NE41 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 | 148.624 % | £743,117 | £1,243,117 |
| 3 Month Average | 3.541 % | £17,703 | £517,703 |
| 6 Month Average | 3.327 % | £16,633 | £516,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £227,914 | £225,000 | 4 DENE TERRACE WEST |
| 1 Sep 2023 | £430,504 | £425,000 | 6 BLUEBELL CLOSE |
| 15 Mar 2023 | £585,516 | £580,000 | 3 DENECROFT |
| 15 Mar 2023 | £741,990 | £735,000 | HOLLYN DENE ACOMB DRIVE |
| 1 Feb 2023 | £299,798 | £300,000 | 1 DENE TERRACE EAST |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 21 Jan 2015. Using an estimated price of £847,607 means this house is valued at £4,532 per sq meter (£421 per sq foot).
The average size of a house on ACOMB DRIVE is 242 sq meters (2,607 sq feet).
This house is the largest in the street with a floor area of 187 sq meters (2,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tynedale Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tynedale Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Main Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Main Road |