£312,171
This estimated value is based upon the latest sale price for the house of £85,000 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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Price Paid | Date |
---|---|
£85,000 | 15 Sep 2000 |
£84,995 | 5 Sep 1997 |
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 September 2000 the House Price Index for NORTHUMBERLAND was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £85,000 results in an estimated price of approximately £312,171.
15 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 148.6 | 267.261 % | £85,000 | £227,171 | £312,171 |
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 | 544.864 % | £463,134 | £548,134 |
3 Month Average | 175.993 % | £149,594 | £234,594 |
6 Month Average | 171.955 % | £146,161 | £231,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £296,410 | £300,000 | 11 HEDGEFIELD GROVE |
3 Sep 2021 | £296,338 | £275,000 | 12 HAMPSTEAD CLOSE |
1 Jul 2021 | £253,413 | £220,500 | 16 HONISTER WAY |
25 Sep 2020 | £222,040 | £187,000 | 4 HEDGEFIELD GROVE |
25 Sep 2020 | £302,782 | £255,000 | 42 HAMPSTEAD CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Junction Close |
Apr 2024 | Anti-social behaviour | On or near Junction Close | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Junction Close |
Mar 2024 | Public order | Under investigation | On or near Junction Close |
Feb 2024 | Drugs | Under investigation | On or near Junction Close |