£304,319
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Dec 2002. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
There has been one burglary within the last year on or near Medburn Road
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Dec 2002 |
| 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 December 2002 the House Price Index for NORTHUMBERLAND was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £120,000 results in an estimated price of approximately £304,319.
| 17 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £120,000 | £184,319 | £304,319 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 189.515 % | £227,418 | £347,418 |
| 3 Month Average | 176.246 % | £211,495 | £331,495 |
| 6 Month Average | 161.017 % | £193,220 | £313,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £308,950 | £305,000 | 86 TILLMOUTH AVENUE |
| 31 Aug 2023 | £231,021 | £229,000 | 20 HOLLINGHILL ROAD |
| 30 Aug 2023 | £290,037 | £287,500 | 2 HOLLINGHILL ROAD |
| 28 Sep 2022 | £176,574 | £178,000 | 6 DUNSDALE ROAD |
| 22 Jul 2022 | £255,688 | £255,000 | 58 TILLMOUTH AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medburn Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medburn Road |
| Apr 2024 | Anti-social behaviour | On or near Northside Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hollinghill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bardon Crescent |