£86,468
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Feb 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Feb 2019 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 February 2019 the House Price Index for NORTHUMBERLAND was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £70,000 results in an estimated price of approximately £86,468.
| 20 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £70,000 | £16,468 | £86,468 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | 136.021 % | £95,214 | £165,214 |
| 3 Month Average | 8.285 % | £5,799 | £75,799 |
| 6 Month Average | 5.688 % | £3,981 | £73,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £106,870 | £105,000 | 94 DRURIDGE DRIVE |
| 8 Nov 2023 | £177,630 | £175,000 | 65 DRURIDGE DRIVE |
| 28 Sep 2023 | £136,748 | £135,000 | 2 THORP CLOSE |
| 8 Sep 2023 | £212,720 | £210,000 | 56 STANTON AVENUE |
| 1 Sep 2023 | £94,711 | £93,500 | 7 WHITTON AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 18 Aug 2018. Using an estimated price of £86,469 means this house is valued at £1,601 per sq meter (£148 per sq foot).
The average size of a house on DRURIDGE DRIVE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Beadnell Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Beadnell Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beadnell Road |
| Jan 2024 | Anti-social behaviour | On or near Druridge Drive | |
| Jan 2024 | Anti-social behaviour | On or near Druridge Drive |