£783,816
This estimated value is based upon the latest sale price for the house of £756,388 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £756,388 | 7 Mar 2022 |
| £555,000 | 11 Sep 2015 |
| 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 March 2022 the House Price Index for NORTHUMBERLAND was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £756,388 results in an estimated price of approximately £783,816.
| 7 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £756,388 | £27,428 | £783,816 |
The Postcode Pricing Model uses changes in average sales price within the NE20 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 | 3.133 % | £23,699 | £780,087 |
| 3 Month Average | 9.571 % | £72,395 | £828,783 |
| 6 Month Average | -1.021 % | £-7,724 | £748,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £252,206 | £250,000 | 1 BANK COTTAGES |
| 7 Jun 2023 | £571,928 | £565,000 | WOODLAND VIEW |
| 5 Aug 2022 | £475,719 | £477,000 | 3 KIRKLEY PARK |
| 5 Aug 2022 | £510,415 | £511,789 | ROSE COTTAGE |
| 5 Aug 2022 | £503,744 | £505,100 | 3 WEST THORN FARM |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gowk Lane |
| Feb 2024 | Burglary | Under investigation | On or near Manor Close |