£796,723
This estimated value is based upon the latest sale price for the house of £690,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £690,000 | 25 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 November 2020 the House Price Index for NORTHUMBERLAND was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £690,000 results in an estimated price of approximately £796,723.
| 25 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £690,000 | £106,723 | £796,723 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -4.039 % | £-27,870 | £662,129 |
| 3 Month Average | -10.137 % | £-69,947 | £620,052 |
| 6 Month Average | 16.597 % | £114,516 | £804,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £536,893 | £530,000 | 8 HALLWOOD CLOSE |
| 31 Jul 2023 | £540,109 | £535,000 | THE OLD POST HOUSE, 29 |
| 16 Mar 2023 | £236,529 | £235,250 | SIMONSIDE |
| 20 Jan 2023 | £237,910 | £240,000 | GARDEN COTTAGE |
| 14 Jun 2022 | £366,212 | £362,500 | MAYFIELD, 6 NORTH FARM ESTATE |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 8 Jul 2016. Using an estimated price of £796,724 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on is 213 sq meters (2,303 sq feet).
This house is the largest in the street with a floor area of 274 sq meters (2,949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Park/Open Space |
| Jan 2024 | Public order | Under investigation | On or near Park/Open Space |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |