£177,872
This estimated value is based upon the latest sale price for the house of £135,000 on 7 Nov 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £135,000 | 7 Nov 2016 |
| 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 November 2016 the House Price Index for NORTHUMBERLAND was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £135,000 results in an estimated price of approximately £177,872.
| 7 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £135,000 | £42,872 | £177,872 |
The Postcode Pricing Model uses changes in average sales price within the NE65 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 | -41.313 % | £-55,772 | £79,227 |
| 3 Month Average | 18.767 % | £25,335 | £160,335 |
| 6 Month Average | 27.433 % | £37,034 | £172,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £175,000 | £175,000 | 65 ST JOHNS ESTATE |
| 7 Mar 2024 | £75,000 | £75,000 | 48 ST JOHNS ESTATE |
| 13 Oct 2022 | £94,977 | £96,000 | 5 THE PARKS |
| 1 Jun 2022 | £111,577 | £110,000 | 55 HARTSIDE CRESCENT |
| 22 Feb 2022 | £170,937 | £163,000 | 79 ST JOHNS ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hartside Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Hartside Crescent | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hartside Crescent |
| Mar 2024 | Other theft | Under investigation | On or near Hartside Crescent |
| Feb 2024 | Anti-social behaviour | On or near Hartside Crescent |