£151,957
This estimated value is based upon the latest sale price for the house of £112,500 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £112,500 | 14 Mar 2016 |
| Terraced |
| Leasehold |
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 2016 the House Price Index for NORTHUMBERLAND was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £112,500 results in an estimated price of approximately £151,957.
| 14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £112,500 | £39,457 | £151,957 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | -32.771 % | £-36,867 | £75,632 |
| 3 Month Average | 31.792 % | £35,765 | £148,265 |
| 6 Month Average | 39.740 % | £44,707 | £157,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £244,274 | £240,000 | 1 HAWTHORN TERRACE |
| 22 Nov 2023 | £358,873 | £353,560 | ARMSTRONG CARTERSIDE FARM |
| 3 Nov 2023 | £203,005 | £200,000 | 5 COQUETDALE APARTMENTS HIGH STREET |
| 10 May 2022 | £570,754 | £560,000 | SPINNEY BRAE HILLSIDE |
| 4 Feb 2022 | £471,913 | £450,000 | BRACKEN COTTAGE HILLSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gravelly Bank |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Front Street |
| Mar 2024 | Anti-social behaviour | On or near Glendale Close | |
| Feb 2024 | Anti-social behaviour | On or near Glendale Close | |
| Feb 2024 | Anti-social behaviour | On or near Glendale Close |