£125,626
This estimated value is based upon the latest sale price for the house of £101,977 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £101,977 | 17 Aug 2018 |
| 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 August 2018 the House Price Index for NORTHUMBERLAND was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £101,977 results in an estimated price of approximately £125,626.
| 17 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £101,977 | £23,649 | £125,626 |
The Postcode Pricing Model uses changes in average sales price within the NE19 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 | 2.615 % | £2,667 | £104,644 |
| 3 Month Average | -12.757 % | £-13,009 | £88,967 |
| 6 Month Average | 50.195 % | £51,187 | £153,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £577,413 | £570,000 | WEST TOWN HEAD COTTAGE |
| 28 Jul 2023 | £408,868 | £405,000 | 3 THE LARKES |
| 17 Jul 2023 | £188,786 | £187,000 | 1 SHAW LANE |
| 29 Jun 2023 | £176,431 | £175,000 | 4 CRAWFORD CLOSE |
| 13 Mar 2023 | £698,777 | £695,000 | LANTERNSIDE FARM |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Crawford Crescent |