£149,492
This estimated value is based upon the latest sale price for the house of £134,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £134,000 | 27 Aug 2021 |
| £120,000 | 29 Sep 2015 |
| £70,950 | 27 Sep 2002 |
| Terraced |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 August 2021 the House Price Index for NORTHUMBERLAND was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £134,000 results in an estimated price of approximately £149,492.
| 27 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £134,000 | £15,492 | £149,492 |
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 | 212.560 % | £284,830 | £418,830 |
| 3 Month Average | 6.792 % | £9,101 | £143,101 |
| 6 Month Average | 1.254 % | £1,681 | £135,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £290,075 | £285,000 | 7 BLACKTHORN DRIVE |
| 18 Jul 2023 | £273,683 | £270,000 | 17 CEDAR GROVE |
| 25 Nov 2022 | £133,384 | £135,000 | 59 BLACKTHORN DRIVE |
| 1 Nov 2022 | £145,488 | £147,250 | 17 LARCH GROVE |
| 10 Oct 2022 | £292,847 | £296,000 | 10 CEDAR GROVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 11 Aug 2015. Using an estimated price of £149,493 means this house is valued at £2,335 per sq meter (£217 per sq foot).
The average size of a house on LARCH GROVE is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Almond Grove | |
| Mar 2024 | Anti-social behaviour | On or near Almond Grove | |
| Mar 2024 | Anti-social behaviour | On or near Almond Grove | |
| Apr 2024 | Anti-social behaviour | On or near Dewberry Close | |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |