£166,674
This estimated value is based upon the latest sale price for the house of £163,000 on 5 Sep 2023. This value is then adjusted by the current Official House Price Index for NORTHUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £163,000 | 5 Sep 2023 |
| £170,000 | 30 Jun 2023 |
| £139,950 | 13 May 2019 |
| £159,950 | 6 Aug 2018 |
| £159,950 | 3 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 September 2023 the House Price Index for NORTHUMBERLAND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £163,000 results in an estimated price of approximately £166,674.
| 5 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £163,000 | £3,674 | £166,674 |
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 | -16.001 % | £-26,082 | £136,917 |
| 3 Month Average | -17.861 % | £-29,113 | £133,886 |
| 6 Month Average | -17.682 % | £-28,822 | £134,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Dec 2023 | £167,136 | £162,000 | 2 SLALEY DRIVE |
| 5 Sep 2023 | £166,674 | £163,000 | 3 SLALEY DRIVE |
| 10 Aug 2023 | £161,920 | £159,000 | 1 SLALEY DRIVE |
| 8 Nov 2022 | £171,697 | £172,500 | 5 SLALEY DRIVE |
| 30 Jun 2022 | £168,604 | £165,000 | 6 SLALEY DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 18 Feb 2019. Using an estimated price of £166,674 means this house is valued at £1,262 per sq meter (£117 per sq foot).
The average size of a house on SLALEY DRIVE is 117 sq meters (1,268 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Carnoustie Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Carnoustie Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carnoustie Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Carnoustie Close |
| Jul 2024 | Other crime | Under investigation | On or near Pine Valley Way |