£84,470
This estimated value is based upon the latest sale price for the house of £23,000 on 1 Sep 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £23,000 | 1 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 September 2000 the House Price Index for NORTHUMBERLAND was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £23,000 results in an estimated price of approximately £84,470.
| 1 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £23,000 | £61,470 | £84,470 |
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 | 544.864 % | £125,318 | £148,318 |
| 3 Month Average | 175.993 % | £40,478 | £63,478 |
| 6 Month Average | 171.955 % | £39,549 | £62,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £101,781 | £100,000 | 128 DRURIDGE DRIVE |
| 8 Nov 2023 | £177,630 | £175,000 | 65 DRURIDGE DRIVE |
| 28 Sep 2023 | £136,748 | £135,000 | 2 THORP CLOSE |
| 1 Sep 2023 | £94,711 | £93,500 | 7 WHITTON AVENUE |
| 17 Aug 2023 | £159,394 | £158,000 | 6 STANTON AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Aug 2014. Using an estimated price of £84,470 means this house is valued at £1,279 per sq meter (£118 per sq foot).
The average size of a house on DRURIDGE DRIVE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chillingham Close | |
| Mar 2024 | Anti-social behaviour | On or near Chillingham Close | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walsham Close |
| Apr 2024 | Anti-social behaviour | On or near Rothbury Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Rothbury Avenue |