£311,158
This estimated value is based upon the latest sale price for the house of £168,000 on 8 Jul 2005. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £168,000 | 8 Jul 2005 |
| £69,950 | 30 Sep 1997 |
| £72,000 | 21 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2005 the House Price Index for NORTHUMBERLAND was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £168,000 results in an estimated price of approximately £311,158.
| 8 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £168,000 | £143,158 | £311,158 |
The Postcode Pricing Model uses changes in average sales price within the NE22 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 | -7.108 % | £-11,941 | £156,058 |
| 3 Month Average | 9.103 % | £15,293 | £183,293 |
| 6 Month Average | 14.069 % | £23,636 | £191,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £180,270 | £177,500 | 26 THE WYNDING |
| 15 Dec 2023 | £340,462 | £330,000 | 33 GLEBE MEWS |
| 15 Dec 2023 | £252,767 | £245,000 | 41 GLEBE MEWS |
| 10 Oct 2023 | £235,345 | £230,000 | 24 FORUM COURT |
| 19 Apr 2023 | £236,422 | £232,000 | 9 FORUM COURT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Aug 2015. Using an estimated price of £311,159 means this house is valued at £3,748 per sq meter (£348 per sq foot).
The average size of a house on THE WYNDING is 99 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lanchester Green |
| Jul 2024 | Anti-social behaviour | On or near Lanchester Green | |
| Jul 2024 | Anti-social behaviour | On or near Glebe Mews | |
| Jun 2024 | Anti-social behaviour | On or near Choppington Road | |
| Jun 2024 | Anti-social behaviour | On or near Choppington Road |