£145,487
This estimated value is based upon the latest sale price for the house of £147,250 on 1 Nov 2022. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £147,250 | 1 Nov 2022 |
| £119,000 | 10 Feb 2017 |
| £71,750 | 24 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2022 the House Price Index for NORTHUMBERLAND was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £147,250 results in an estimated price of approximately £145,487.
| 1 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £147,250 | £-1,762 | £145,487 |
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 | 125.976 % | £185,500 | £332,750 |
| 3 Month Average | -8.459 % | £-12,455 | £134,794 |
| 6 Month Average | -11.613 % | £-17,100 | £130,149 |
| 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 68 sq meters or 731 sq feet when measured on 4 Mar 2012. Using an estimated price of £145,488 means this house is valued at £2,139 per sq meter (£198 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 |