£827,252
This estimated value is based upon the latest sale price for the house of £820,015 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £820,015 | 4 Aug 2023 |
| 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 August 2023 the House Price Index for NORTHUMBERLAND was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £820,015 results in an estimated price of approximately £827,252.
| 4 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £820,015 | £7,237 | £827,252 |
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 | -28.582 % | £-234,379 | £585,635 |
| 3 Month Average | -14.789 % | £-121,275 | £698,739 |
| 6 Month Average | -6.940 % | £-56,907 | £763,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £827,252 | £820,015 | 151 EASTERN WAY |
| 8 Feb 2023 | £949,361 | £950,000 | 6 HILL PARK |
| 1 Feb 2023 | £749,496 | £750,000 | 1 HIGH VIEW |
| 31 Jan 2023 | £507,609 | £510,000 | 17 EDGE HILL |
| 8 Jul 2022 | £716,930 | £715,000 | 27 QUEENSWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High View |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near High View |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Callerton Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middle Drive |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Larchlea South |