£622,739
This estimated value is based upon the latest sale price for the house of £515,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £515,000 | 17 Jul 2020 |
| £675,000 | 8 Oct 2004 |
| Detached |
| Freehold |
| Floor Area: 330 sq meters or 3,552 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 July 2020 the House Price Index for NORTHUMBERLAND was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £515,000 results in an estimated price of approximately £622,739.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £515,000 | £107,739 | £622,739 |
The Postcode Pricing Model uses changes in average sales price within the NE49 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 | -25.501 % | £-131,328 | £383,671 |
| 3 Month Average | -48.475 % | £-249,645 | £265,354 |
| 6 Month Average | 0.608 % | £3,132 | £518,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £253,238 | £250,000 | BURNSIDE COTTAGE |
| 22 Aug 2023 | £317,780 | £315,000 | 10 HADRIANS RISE |
| 16 Jun 2023 | £98,189 | £97,000 | 1 OLD ROW |
| 1 Jun 2023 | £331,516 | £327,500 | CHAPEL HOUSE |
| 14 Apr 2023 | £161,742 | £160,000 | 5 BLENKINSOPP TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hadrians Rise | |
| Jan 2024 | Anti-social behaviour | On or near Glenwhelt Bank | |
| Jan 2024 | Anti-social behaviour | On or near Glenwhelt Bank | |
| Jan 2024 | Anti-social behaviour | On or near Glenwhelt Bank | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stoneyrigg Close |