£285,620
This estimated value is based upon the latest sale price for the house of £86,500 on 21 Sep 2001. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £86,500 | 21 Sep 2001 |
| £79,950 | 11 Jan 1995 |
| Detached |
| Leasehold |
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 September 2001 the House Price Index for NORTHUMBERLAND was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £86,500 results in an estimated price of approximately £285,620.
| 21 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £86,500 | £199,120 | £285,620 |
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 | 114.667 % | £99,187 | £185,687 |
| 3 Month Average | 113.456 % | £98,139 | £184,639 |
| 6 Month Average | 115.757 % | £100,129 | £186,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £282,453 | £280,000 | 8 BARRASFORD CLOSE |
| 28 Mar 2024 | £304,681 | £300,000 | 16 WHITTINGHAM CLOSE |
| 28 Mar 2023 | £340,690 | £335,000 | 8 SHOTLEY COURT |
| 11 Nov 2022 | £213,004 | £214,000 | 19 BARRASFORD CLOSE |
| 5 Jul 2022 | £219,196 | £217,000 | 9 BARRASFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Jun 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barrasford Close | |
| Apr 2024 | Anti-social behaviour | On or near Barrasford Close |