£161,332
This estimated value is based upon the latest sale price for the house of £115,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £115,000 | 6 Nov 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2015 the House Price Index for NORTHUMBERLAND was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £115,000 results in an estimated price of approximately £161,332.
| 6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £115,000 | £46,332 | £161,332 |
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 | 12.608 % | £14,499 | £129,499 |
| 3 Month Average | 50.827 % | £58,451 | £173,451 |
| 6 Month Average | 17.804 % | £20,474 | £135,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £103,170 | £100,000 | 128 DRURIDGE DRIVE |
| 14 Aug 2023 | £58,556 | £57,500 | 5 CHIRTON GREEN |
| 6 Jan 2023 | £180,482 | £180,000 | 10 ST MARYS DRIVE |
| 31 Aug 2022 | £150,705 | £150,000 | 124 DRURIDGE DRIVE |
| 17 Mar 2022 | £67,856 | £65,000 | 24 ST MARYS DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Jul 2014. Using an estimated price of £161,333 means this house is valued at £2,482 per sq meter (£230 per sq foot).
The average size of a house on DRURIDGE DRIVE is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walsham Close |
| Jul 2024 | Anti-social behaviour | On or near Rothbury Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Rothbury Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Rothbury Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Rothbury Avenue |