£305,510
This estimated value is based upon the latest sale price for the house of £300,000 on 8 Aug 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £300,000 | 8 Aug 2023 |
| 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 2023 the House Price Index for NORTHUMBERLAND was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £300,000 results in an estimated price of approximately £305,510.
| 8 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £300,000 | £5,510 | £305,510 |
The Postcode Pricing Model uses changes in average sales price within the NE48 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 | -10.884 % | £-32,651 | £267,348 |
| 3 Month Average | -21.738 % | £-65,215 | £234,784 |
| 6 Month Average | -8.804 % | £-26,410 | £273,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £242,000 | £242,000 | 2 MALTING CLOSE |
| 5 Apr 2024 | £141,226 | £140,000 | VILLAGE BAKERY PARKSIDE PLACE |
| 28 Mar 2024 | £169,606 | £167,000 | 5 CRUDDAS TERRACE |
| 1 Nov 2023 | £230,860 | £225,000 | 6 HAWTHORN TERRACE |
| 25 Oct 2023 | £266,042 | £260,000 | ELFKIRK WEST VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| May 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |