£8,205
This estimated value is based upon the latest sale price for the house of £8,000 on 19 Apr 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £8,000 | 19 Apr 2022 |
| £600,000 | 16 Nov 2018 |
| 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 April 2022 the House Price Index for NORTHUMBERLAND was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £8,000 results in an estimated price of approximately £8,205.
| 19 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £8,000 | £205 | £8,205 |
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 | 59.138 % | £4,731 | £12,731 |
| 3 Month Average | 13.762 % | £1,100 | £9,100 |
| 6 Month Average | 11.653 % | £932 | £8,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £379,877 | £375,000 | 5 LONGHIRST VILLAGE |
| 3 Feb 2023 | £517,552 | £520,000 | LILAC COTTAGE, 3 LONGHIRST VILLAGE |
| 19 Aug 2022 | £278,121 | £280,000 | 16 LONGHIRST VILLAGE |
| 22 Jul 2022 | £264,642 | £265,000 | 22 MICKLEWOOD CLOSE |
| 27 May 2022 | £319,753 | £315,000 | 2 FORGE ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Forge Estate | |
| Mar 2024 | Anti-social behaviour | On or near Forge Estate | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Longhirst Village |
| Mar 2024 | Anti-social behaviour | On or near Longhirst Village | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Longhirst Village |