£568,223
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Dec 1995. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £100,000 | 1 Dec 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for NORTHUMBERLAND was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £100,000 results in an estimated price of approximately £568,223.
| 1 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 468.223 % | £100,000 | £468,223 | £568,223 |
The Postcode Pricing Model uses changes in average sales price within the NE46 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 | 329.646 % | £329,645 | £429,645 |
| 3 Month Average | 242.946 % | £242,946 | £342,946 |
| 6 Month Average | 230.747 % | £230,747 | £330,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2022 | £479,196 | £485,000 | 37 BISHOPS HILL |
| 21 Oct 2022 | £751,904 | £760,000 | CHESTERHOLME |
| 19 Aug 2022 | £229,383 | £230,000 | 25 FAIRFIELD CRESCENT |
| 5 Aug 2022 | £1,346,376 | £1,350,000 | TARGET HOUSE |
| 20 Jul 2022 | £406,093 | £405,000 | 18 BISHOPS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Bishops Hill |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Millersfield Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Chapel Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfield Crescent |