£198,703
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Jul 2008. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £120,000 | 30 Jul 2008 |
| £88,500 | 19 Mar 2004 |
| £42,000 | 31 Oct 2000 |
| Terraced |
| Freehold |
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 2008 the House Price Index for NORTHUMBERLAND was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £120,000 results in an estimated price of approximately £198,703.
| 30 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £120,000 | £78,703 | £198,703 |
The Postcode Pricing Model uses changes in average sales price within the NE47 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 | 84.498 % | £101,397 | £221,397 |
| 3 Month Average | 74.001 % | £88,800 | £208,800 |
| 6 Month Average | 57.618 % | £69,141 | £189,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £186,222 | £180,500 | 8 HORDLEY ACRES |
| 15 Sep 2023 | £153,381 | £150,000 | 18 RATCLIFFE ROAD |
| 6 Oct 2022 | £119,601 | £120,000 | 33 STROTHER CLOSE |
| 12 Aug 2022 | £256,198 | £255,000 | 32 RATCLIFFE ROAD |
| 11 Apr 2022 | £212,671 | £205,000 | BELMONT LODGE BELMONT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Strother Close |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| May 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| May 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |