£8,409
This estimated value is based upon the latest sale price for the house of £6,750 on 11 Apr 2019. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £6,750 | 11 Apr 2019 |
| 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 2019 the House Price Index for NORTHUMBERLAND was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £6,750 results in an estimated price of approximately £8,409.
| 11 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £6,750 | £1,659 | £8,409 |
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 | 54.290 % | £3,664 | £10,414 |
| 3 Month Average | 20.381 % | £1,375 | £8,125 |
| 6 Month Average | 3.562 % | £240 | £6,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £400,158 | £390,000 | 3 HARLOW CLOSE |
| 10 Feb 2023 | £192,284 | £191,000 | 6 PRESTBURY AVENUE |
| 28 Oct 2022 | £264,118 | £265,000 | 17 HIGHSTEAD AVENUE |
| 21 Oct 2022 | £186,377 | £187,000 | 9 PARKHAM CLOSE |
| 1 Aug 2022 | £223,043 | £222,000 | 22 PRESTBURY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkham Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gilsland Grove |
| Jul 2024 | Anti-social behaviour | On or near Gisburn Court | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gisburn Court |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Gisburn Court |