£1,225,531
This estimated value is based upon the latest sale price for the house of £952,385 on 4 May 2017. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £952,385 | 4 May 2017 |
| Freehold |
| Floor Area: 546 sq meters or 5,877 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 2017 the House Price Index for NORTHUMBERLAND was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £952,385 results in an estimated price of approximately £1,225,531.
| 4 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £952,385 | £273,146 | £1,225,531 |
The Postcode Pricing Model uses changes in average sales price within the NE67 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 | -31.550 % | £-300,473 | £651,911 |
| 3 Month Average | 35.451 % | £337,627 | £1,290,012 |
| 6 Month Average | 83.966 % | £799,680 | £1,752,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £429,711 | £430,000 | 3 CARNABY DRIVE |
| 9 Jan 2023 | £1,486,995 | £1,494,000 | PRESTON HOUSE |
| 30 Sep 2022 | £486,075 | £490,000 | GUNROOM ELLINGHAM HALL |
| 27 Apr 2022 | £212,396 | £206,250 | 16 |
| 11 Mar 2022 | £113,989 | £110,000 | PLOT 3 DITCHBURN ROAD |
This house has a floor area of 546 sq meters or 5,877 sq feet when measured on 23 Aug 2015. Using an estimated price of £1,225,532 means this house is valued at £2,244 per sq meter (£208 per sq foot).
The average size of a house on is 205 sq meters (2,211 sq feet).
This house is the largest in the street with a floor area of 546 sq meters (5,877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |