£2,128,150
This estimated value is based upon the latest sale price for the house of £1,782,035 on 10 Aug 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £1,782,035 | 10 Aug 2020 |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 August 2020 the House Price Index for NORTHUMBERLAND was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £1,782,035 results in an estimated price of approximately £2,128,150.
| 10 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £1,782,035 | £346,115 | £2,128,150 |
The Postcode Pricing Model uses changes in average sales price within the NE68 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 | -38.765 % | £-690,814 | £1,091,220 |
| 3 Month Average | 20.903 % | £372,503 | £2,154,538 |
| 6 Month Average | 48.555 % | £865,258 | £2,647,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £363,000 | £363,000 | 9 SOUTH LANE |
| 10 Nov 2023 | £390,007 | £385,000 | 144 MAIN STREET |
| 8 Nov 2023 | £562,218 | £555,000 | 2 BRINDLES MANSE |
| 21 Aug 2023 | £315,418 | £313,500 | 4 ISLESTONE DRIVE |
| 27 Jul 2023 | £156,480 | £155,000 | 152 MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Regal Close | |
| Feb 2024 | Anti-social behaviour | On or near Regal Close | |
| Feb 2024 | Anti-social behaviour | On or near Regal Close |