£419,243
This estimated value is based upon the latest sale price for the house of £249,999 on 3 Nov 2006. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £249,999 | 3 Nov 2006 |
| £168,000 | 17 Jan 2003 |
| Terraced |
| 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 November 2006 the House Price Index for NORTHUMBERLAND was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £249,999 results in an estimated price of approximately £419,243.
| 3 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £249,999 | £169,244 | £419,243 |
The Postcode Pricing Model uses changes in average sales price within the NE66 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 | -39.636 % | £-99,089 | £150,909 |
| 3 Month Average | 12.034 % | £30,084 | £280,083 |
| 6 Month Average | 21.844 % | £54,609 | £304,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £280,000 | £280,000 | 7 RENNINGTON VILLAGE |
| 18 Aug 2023 | £368,221 | £365,000 | 94 ALLERBURN LEA |
| 31 Oct 2022 | £469,940 | £475,000 | THE BLACKSMITHS, 5 ROCK HOME FARM |
| 1 Mar 2022 | £510,359 | £492,500 | 4 GRANGE PARK |
| 18 Nov 2021 | £216,303 | £200,000 | LOUGH HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |