£517,022
This estimated value is based upon the latest sale price for the house of £385,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £385,000 | 6 May 2016 |
| £375,000 | 23 May 2003 |
| £240,000 | 1 Nov 2000 |
| £207,000 | 17 Mar 2000 |
| £152,500 | 12 Oct 1995 |
| Detached |
| 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 May 2016 the House Price Index for NORTHUMBERLAND was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £385,000 results in an estimated price of approximately £517,022.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £385,000 | £132,022 | £517,022 |
The Postcode Pricing Model uses changes in average sales price within the NE20 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 | 18.246 % | £70,248 | £455,248 |
| 3 Month Average | 33.551 % | £129,172 | £514,172 |
| 6 Month Average | 9.189 % | £35,376 | £420,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £590,000 | £590,000 | 25 WILLOW WAY |
| 8 Nov 2023 | £543,040 | £535,000 | 4 WILLOW PLACE |
| 12 Sep 2023 | £1,063,599 | £1,050,000 | 80 EASTERN WAY |
| 22 Aug 2023 | £756,619 | £750,000 | 59 EASTERN WAY |
| 9 Aug 2023 | £741,487 | £735,000 | 44 WILLOW WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High View |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near High View |
| Jan 2024 | Anti-social behaviour | On or near Callerton Court | |
| Jan 2024 | Anti-social behaviour | On or near Callerton Court | |
| Jan 2024 | Anti-social behaviour | On or near Callerton Court |