£264,304
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Oct 2007. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £170,000 | 5 Oct 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 135 sq meters or 1,453 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 October 2007 the House Price Index for NORTHUMBERLAND was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £170,000 results in an estimated price of approximately £264,304.
| 5 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £170,000 | £94,304 | £264,304 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | -12.987 % | £-22,077 | £147,922 |
| 3 Month Average | 20.537 % | £34,912 | £204,912 |
| 6 Month Average | 24.695 % | £41,981 | £211,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £113,997 | £113,000 | 31 HARWOOD CLOSE |
| 27 Apr 2023 | £123,833 | £122,500 | 1 HEBRON WAY |
| 31 Mar 2023 | £191,807 | £190,000 | 25 MAINSTONE CLOSE |
| 26 Jan 2023 | £94,555 | £95,000 | 18 HARWOOD CLOSE |
| 5 Aug 2022 | £189,490 | £190,000 | 21 MAINSTONE CLOSE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 7 Oct 2013. Using an estimated price of £264,305 means this house is valued at £1,957 per sq meter (£181 per sq foot).
The average size of a house on HERDLAW is 109 sq meters (1,183 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hebron Way |
| Mar 2024 | Anti-social behaviour | On or near A1171 | |
| Mar 2024 | Anti-social behaviour | On or near A1171 | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harwood Close |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Mainstone Close |