£145,512
This estimated value is based upon the latest sale price for the house of £89,995 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £89,995 | 6 Dec 2013 |
| £89,995 | 6 Dec 2013 |
| £105,450 | 9 Mar 2007 |
| £105,450 | 9 Mar 2007 |
| £41,500 | 29 Nov 2001 |
| Semi-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 December 2013 the House Price Index for NORTHUMBERLAND was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £89,995 results in an estimated price of approximately £145,512.
| 6 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £89,995 | £55,517 | £145,512 |
The Postcode Pricing Model uses changes in average sales price within the NE24 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 | -18.935 % | £-17,040 | £72,954 |
| 3 Month Average | 26.077 % | £23,467 | £113,462 |
| 6 Month Average | 16.973 % | £15,275 | £105,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £44,431 | £43,600 | 18 DRURIDGE DRIVE |
| 21 Feb 2023 | £140,941 | £140,000 | 2 FALSTON ROAD |
| 24 Jun 2022 | £58,756 | £57,500 | 43 HOLYSTONE CLOSE |
| 29 Apr 2022 | £72,620 | £70,000 | 22 HOLYSTONE AVENUE |
| 15 Oct 2021 | £156,054 | £140,000 | 24 FALSTON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 May 2013. Using an estimated price of £145,513 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on CRESSWELL DRIVE is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Bebdon Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Holystone Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Holystone Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Holystone Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holystone Avenue |