£417,913
This estimated value is based upon the latest sale price for the house of £315,500 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £315,500 | 21 Oct 2016 |
| £305,000 | 15 Aug 2005 |
| £237,500 | 14 Nov 2003 |
| Terraced |
| 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 October 2016 the House Price Index for NORTHUMBERLAND was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £315,500 results in an estimated price of approximately £417,913.
| 21 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £315,500 | £102,413 | £417,913 |
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 | -12.892 % | £-40,675 | £274,824 |
| 3 Month Average | 22.049 % | £69,564 | £385,064 |
| 6 Month Average | 9.050 % | £28,553 | £344,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £500,000 | £500,000 | 22 MEADOW COURT |
| 17 Aug 2023 | £363,177 | £360,000 | 18 CALLERTON LANE |
| 16 Jun 2023 | £117,422 | £116,000 | 16 DUNSGREEN COURT |
| 8 Aug 2022 | £127,656 | £128,000 | 28 DUNSGREEN COURT |
| 22 Dec 2021 | £329,984 | £308,000 | 4 CALLERTON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Court |
| Apr 2024 | Anti-social behaviour | On or near Dunsgreen | |
| Apr 2024 | Public order | Under investigation | On or near B6323 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near B6323 |
| Feb 2024 | Public order | Under investigation | On or near B6323 |