£595,043
This estimated value is based upon the latest sale price for the house of £370,000 on 14 Feb 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £370,000 | 14 Feb 2007 |
| Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,238 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 February 2007 the House Price Index for NORTHUMBERLAND was 91.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.823%.Applying this 60.823% change to the original purchase price of £370,000 results in an estimated price of approximately £595,043.
| 14 Feb 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 146.7 | 60.823 % | £370,000 | £225,043 | £595,043 |
The Postcode Pricing Model uses changes in average sales price within the NE61 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 | 62.370 % | £230,768 | £600,768 |
| 3 Month Average | 14.163 % | £52,402 | £422,402 |
| 6 Month Average | 22.873 % | £84,628 | £454,628 |
This house has a floor area of 208 sq meters or 2,238 sq feet when measured on 5 Jun 2018.
The average size of a house on FAIRMOOR is 217 sq meters (2,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near St Leonard'S Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near St Leonard'S Lane |
| Mar 2024 | Public order | Under investigation | On or near Cherry Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |