£334,975
This estimated value is based upon the latest sale price for the house of £59,000 on 9 Feb 1996. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £59,000 | 9 Feb 1996 |
| Detached |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 February 1996 the House Price Index for NORTHUMBERLAND was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £59,000 results in an estimated price of approximately £334,975.
| 9 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £59,000 | £275,975 | £334,975 |
The Postcode Pricing Model uses changes in average sales price within the NE63 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 | 155.563 % | £91,782 | £150,782 |
| 3 Month Average | 154.714 % | £91,281 | £150,281 |
| 6 Month Average | 161.270 % | £95,149 | £154,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £282,453 | £280,000 | 8 BARRASFORD CLOSE |
| 28 Mar 2024 | £304,681 | £300,000 | 16 WHITTINGHAM CLOSE |
| 28 Mar 2023 | £340,690 | £335,000 | 8 SHOTLEY COURT |
| 11 Nov 2022 | £213,004 | £214,000 | 19 BARRASFORD CLOSE |
| 5 Jul 2022 | £219,196 | £217,000 | 9 BARRASFORD CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Nov 2015. Using an estimated price of £334,976 means this house is valued at £3,987 per sq meter (£370 per sq foot).
The average size of a house on RAVENS HILL DRIVE is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barrasford Close |