£142,623
This estimated value is based upon the latest sale price for the house of £97,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £97,000 | 15 May 2015 |
| £37,463 | 7 Aug 1995 |
| Detached |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 May 2015 the House Price Index for NORTHUMBERLAND was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £97,000 results in an estimated price of approximately £142,623.
| 15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £97,000 | £45,623 | £142,623 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 7.879 % | £7,642 | £104,642 |
| 3 Month Average | 16.433 % | £15,939 | £112,939 |
| 6 Month Average | 19.311 % | £18,731 | £115,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £225,730 | £220,000 | 7 HUNDLEBY COURT |
| 25 Oct 2023 | £296,740 | £290,000 | 5 SOMERSBY GARDENS |
| 14 Aug 2023 | £218,949 | £215,000 | 11 BARONEY WAY |
| 29 Jul 2022 | £262,632 | £260,000 | 40 SPILSBY CRESCENT |
| 27 May 2022 | £77,006 | £75,000 | 11 WOLSINGHAM COURT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 15 Dec 2014. Using an estimated price of £142,623 means this house is valued at £2,417 per sq meter (£224 per sq foot).
The average size of a house on WOLSINGHAM COURT is 66 sq meters (715 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near St David'S Park | |
| Jun 2024 | Anti-social behaviour | On or near St David'S Park | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Cramlington |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cramlington |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cramlington |