£325,509
This estimated value is based upon the latest sale price for the house of £190,000 on 20 Apr 2011. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£190,000 | 20 Apr 2011 |
£106,995 | 6 Sep 2002 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 April 2011 the House Price Index for NORTHUMBERLAND was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £190,000 results in an estimated price of approximately £325,509.
20 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £190,000 | £135,509 | £325,509 |
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 | 11.874 % | £22,560 | £212,560 |
3 Month Average | -2.246 % | £-4,267 | £185,732 |
6 Month Average | 19.256 % | £36,585 | £226,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £203,562 | £200,000 | 28 CHATSWORTH DRIVE |
14 Apr 2023 | £260,303 | £257,500 | 10 BELSAY GROVE |
12 Jan 2023 | £266,743 | £268,000 | 37 CHATSWORTH DRIVE |
20 May 2022 | £290,473 | £285,000 | 12 CHATSWORTH DRIVE |
29 Apr 2022 | £252,301 | £245,000 | 32 BELSAY GROVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 1 Oct 2015. Using an estimated price of £325,510 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on CHATSWORTH DRIVE is 126 sq meters (1,359 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cragside Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cragside Gardens |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Belsay Grove |
Jan 2024 | Bicycle theft | Under investigation | On or near Newby Close |
Jan 2024 | Anti-social behaviour | On or near Wynyard Drive |