£575,040
This estimated value is based upon the latest sale price for the house of £470,000 on 6 Feb 2020. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Grenville Court
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| Price Paid | Date |
|---|---|
| £470,000 | 6 Feb 2020 |
| £160,000 | 19 Feb 1997 |
| Detached |
| 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 February 2020 the House Price Index for NORTHUMBERLAND was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £470,000 results in an estimated price of approximately £575,040.
| 6 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £470,000 | £105,040 | £575,040 |
The Postcode Pricing Model uses changes in average sales price within the NE20 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 | 34.826 % | £163,681 | £633,681 |
| 3 Month Average | -0.577 % | £-2,713 | £467,286 |
| 6 Month Average | 4.352 % | £20,453 | £490,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £901,527 | £890,000 | 7 RICHMOND WAY |
| 12 Sep 2023 | £663,483 | £655,000 | 2 GRENVILLE COURT |
| 28 Jul 2023 | £628,458 | £620,000 | 40 WESTERN WAY |
| 14 Jul 2023 | £430,798 | £425,000 | 28 PEMBROKE DRIVE |
| 8 Feb 2023 | £899,395 | £900,000 | 6 RICHMOND WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Grenville Court |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grenville Court |
| Feb 2024 | Public order | Under investigation | On or near Grenville Court |
| Jan 2024 | Burglary | Under investigation | On or near Grenville Court |
| Apr 2024 | Public order | Under investigation | On or near The Crescent |