£83,706
This estimated value is based upon the latest sale price for the house of £48,300 on 4 Mar 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £48,300 | 4 Mar 2011 |
| Flats/Maisonettes |
| 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 March 2011 the House Price Index for NORTHUMBERLAND was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £48,300 results in an estimated price of approximately £83,706.
| 4 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £48,300 | £35,406 | £83,706 |
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 | 4.705 % | £2,272 | £50,572 |
| 3 Month Average | 4.596 % | £2,219 | £50,519 |
| 6 Month Average | -2.340 % | £-1,130 | £47,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £208,287 | £203,000 | 7 LONGHORSLEY GREEN |
| 21 Sep 2023 | £71,578 | £70,000 | 11 SURREY CLOSE |
| 26 Jun 2023 | £51,022 | £50,000 | 13 SOMERSET CLOSE |
| 27 Feb 2023 | £63,927 | £63,500 | 22 DORSET CLOSE |
| 12 Sep 2022 | £62,458 | £62,500 | 8 KENT CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 Jul 2021. Using an estimated price of £83,706 means this house is valued at £1,418 per sq meter (£131 per sq foot).
The average size of a house on KENT CLOSE is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Hampshire Close | |
| May 2024 | Anti-social behaviour | On or near Hampshire Close | |
| May 2024 | Anti-social behaviour | On or near Hampshire Close | |
| Jul 2024 | Drugs | Under investigation | On or near Petrol Station |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |